by Rich Lowry
The president’s supporters harbor a profoundly insulting assumption that those who have earned degrees are more valuable than all those Americans who haven’t.
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President Joe Biden speaks about administration plans to forgive federal student loan debt at the White House in Washington, D.C., August 24, 2022.
Leah Millis/Reuters
It’s hard to top President Joe Biden’s Afghan withdrawal for reckless policy-making, but his student-loan-forgiveness scheme is a contender for his second-worst decision.
Based merely on his say-so, with no credible congressional authorization, Biden is going to forgive $10,000 in student debt for individuals with incomes below $125,000 or household incomes below $250,000. Those who received a Pell Grant are eligible for $20,000 in relief.
About the Author
Rich Lowry is the editor in chief of National Review.
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It’s hard to top President Joe Biden’s Afghan withdrawal for reckless policy-making, but his student-loan-forgiveness scheme is a contender for his second-worst decision.
Based merely on his say-so, with no credible congressional authorization, Biden is going to forgive $10,000 in student debt for individuals with incomes below $125,000 or household incomes below $250,000. Those who received a Pell Grant are eligible for $20,000 in relief.
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About the Author
Rich Lowry is the editor in chief of National Review.
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