Days ago, Joe Biden announced his executive order that will waive $10,000 in student loan debt for borrowers making less than $125,000 annually. Debt carriers who fall under this umbrella and also attended college on Pell Grants will see $20,000 in loan debt “forgiven.”
Biden claims this is about providing relief to people who are weighed down by debts. However, the order will lead to tax increases on everyday Americans, thus passing on the bill of student loans to people who didn’t agree to it or have already paid off their debt.
The president and his team are branding this as a win that everyone should be celebrating. However, the policy has turned out to be so loathed that even some Democrats (with upcoming elections this year) are coming out against it.
Reviewing Left-wing Pushback Against Biden’s Policies on Student Loans
Democratic candidates Reps. Tim Ryan (D-OH) and Chris Pappas (D-NH), along with Sens. Micheal Bennet (D-CO) and Catherine Cortez Masto (D-NV) have each explained why they don’t support Biden’s plan to waive student loan debt.
According to Ryan, the president’s decision to push the bill on student loan debt onto the general public “sends the wrong message” to his constituents who are in the workforce without college degrees.
Pappas told the media that Biden failed to go through the proper channels to pass his plan on student loans. The New Hampshire Democrat also claimed that without congressional approval and the proper guidelines, the national debt will get even higher.
Interesting statement from Tim Ryan (through his congressional office) on student loan forgiveness.
It's almost like he's running a Senate campaign aimed at winning over middle-of-the-road voters. pic.twitter.com/83xzhHUyNg
— Haley BeMiller (@haleybemiller) August 24, 2022
Similar remarks arrived from Bennet, who said Biden’s transfer of student loans needed to come with more step-by-step payment details, along with a “more targeted” approach.
Finally, Cortez Masto expressed that Biden failed to get to the underlying causes that leave Americans with so much student loan debt to begin with.
A Growing Pattern of Democrats Distancing From Biden
Within the past several months, a pattern has emerged of Democrats using very specific times to distance themselves from the president.
Opposition to Biden’s student loan debt policies is not an anomaly. Very recently, Democratic lawmakers, including Sen. Joe Manchin (D-WV) and Rep. Alexandria Ocasio-Cortez (D-NY), hadn’t agreed to endorse Biden in 2024 when directly asked.
— Jon Levine (@LevineJonathan) June 12, 2022
Democrats not expressly stating their support of Biden going for reelection generally tell the media they’ll cross that bridge when they get to it. In politics, this is nearly unheard of.
In almost all cases, an incumbent president who’s eligible for re-election is supported by lawmakers within his own party. Biden’s failure to meet this metric also follows polling that shows many Democrats don’t want him running again.