'Buying off college kids': Internet slams Joe Biden as President announces new student debt relief plan in Wisconsin

President Joe Biden said that the new student loan relief plan would help the economy by removing the drag of enormous debt from people
Joe Biden announced a new student debt relief plan in Wisconsin on April 8, 2024 (@POTUS/X)
Joe Biden announced a new student debt relief plan in Wisconsin on April 8, 2024 (@POTUS/X)

NEW YORK CITY, NEW YORK: President Joe Biden announced a major move to help pay off federal student loans for tens of millions of Americans during his visit to the swing state of Wisconsin on Monday, April 8.

According to The New York Times, the new plan would reduce the debt of 25 million borrowers, while wiping away the entire amount for more than 4 million. Collectively, 10 million borrowers would see debt relief of $5,000 or more, shared White House officials.

Speaking to a small but enthusiastic audience in Madison, Biden said, “While a college degree still is a ticket to the middle class, that ticket is becoming much too expensive. Today, too many Americans, especially young people, are saddled with too much debt.”

The President said that the plan would help the economy by removing the drag of enormous debt from people who would otherwise not be able to buy a home or pursue a more economically sound future.

"We’re giving people a chance to make it. Not a guarantee. Just a chance to make it," Biden said.



 

Joe Biden's new approach to student loan relief

The Education Department under Joe Biden has been developing regulations authorized by the Higher Education Act for months. Instead of waiving student loan debt for all, the plan targets five groups of borrowers.

The groups include those whose loans have ballooned because of interest, borrowers who have been paying for decades, borrowers who face economic hardship, people who have not applied for existing debt relief programs but are qualified, and people whose loans come from schools that have since been denied certification or have lost eligibility for federal student aid programs.

Administrative officials are confident that the program has been designed to not violate any principles laid out by Supreme Court justices. However, those who oppose are likely to point out that debt waiver is unfair to those who have paid back the entirety of their loans already, or never took one in the first place.

Internet slams Joe Biden's new student debt relief plan

After President Joe Biden unveiled his new student debt relief plan, some people on the internet accused him of "trying to buy" college students.

"Cancel is a weird way to spell transfer," a social media user wrote in response to Biden sharing the announcement on X.



 

"How to buy votes 101," jibed another.



 

"Importing illegal future voters, buying off college kids. What a loser," one person said.



 

"Has not solved the root cause. So we relieve another 30 million (give it to the rest of us) . What about the next 30 million," asked another.



 

"Democrats never met a handout they didn’t like," one individual wrote.



 

This article contains remarks made on the Internet by individual people and organizations. MEAWW cannot confirm them independently and does not support claims or opinions being made online.

GET BREAKING U.S. NEWS & POLITICAL UPDATES
STRAIGHT TO YOUR INBOX.

MORE STORIES

Donald Trump considers ending the agreement after disputes over nuclear talks, frozen assets and regional influence undermine US-Iran diplomacy
13 minutes ago
President Donald Trump claimed Iranian officials recently contacted the US seeking talks following military strikes
59 minutes ago
President Donald Trump insisted his aircraft change was unrelated to security and pointed instead to routine precautions and ongoing threats
1 hour ago
President Donald Trump questioned whether Iran could honor any future deal despite saying Tehran wants to resume negotiations
1 hour ago
Prosecutors said Dugan let Eduardo Flores-Ruiz evade arrest during Trump's immigration crackdown, endangering officers and hindering enforcement
8 hours ago
Oil prices rose after new US strikes on Iran and Iranian attacks on Hormuz shipping led President Trump to call talks 'a waste of time'
10 hours ago
Mitch McConnell has remained out of public view after his June 14 hospitalization, with his office giving no details on his condition or Senate return
11 hours ago
During their March meeting, Trump reportedly led Friedrich Merz into a study he called 'the Lewinsky room'
19 hours ago
Trump celebrated ruling to keep the defamation suit in DC after the newspaper's bid to move the case to NY was tossed
19 hours ago
MTG warned the latest strikes could draw the US into another prolonged Middle East conflict, despite Trump's pledge to avoid 'forever foreign wars'
22 hours ago