Internet says Joe Biden 'pandering for votes' as he cancels another $7.4 billion in student loans

Internet says Joe Biden 'pandering for votes' as he cancels another $7.4 billion in student loans
President Joe Biden announced a new set of student debt relief on April 12, 2024 (Getty Images)

NEW YORK CITY, NEW YORK: President Joe Biden announced wiping out $7.4 billion in student loan debt for around 277,000 people on Friday, April 12, reported The New York Times. White House officials have stated that borrowers who would be affected by the announcement will be notified via email.

The move is seen as a ploy to shore up support among young voters who, in the face of rising education costs may be turning away from him over his position on the Israel-Gaza war.

Who will be impacted by Biden's $7.4 billion student debt relief

More than 200,000 of those who qualified to have their student loan canceled had originally borrowed relatively small amounts, $12,000 or less, and were making payments through the administration’s income-driven repayment, SAVE, plan.

Others who will benefit from the plan include teachers, librarians, academics and public safety workers who have paid off their student loans over the last 10 years through the Public Service Loan Forgiveness program Currently, the Biden administration has collectively forgiven $153 billion in debt for 4.3 million borrowers in the United States.

House GOP members have opposed student debt relief as unfair to those who struggled to pay back without federal assistance, with Rep John Moolenaar of Michigan stating, "You’re incentivizing people to not pay back student loans and at the same time penalizing and forcing people who did to subsidize those who didn’t."

Joe Biden will 'never stop working' to cancel student debt

Taking to the social media platform X (formerly Twitter) on April 12, Biden wrote, "Today, my Administration is canceling student debt for 277,000 more people – bringing the total number of Americans who have been approved for debt relief so far under my Administration to 4.3 million through various actions."

"I will never stop working to cancel student debt," he added.


Internet says Biden is 'pandering for votes'

However, social media users did not approve of Biden’s actions, as evidenced by the following comments on his post.

"You're not canceling debt. You're only transferring it to the taxpayers, therefore creating more burden to the working class," wrote a user.


"It’s not 'cancelled'. Call it was it is… a transfer of debt onto the backs of people who didn’t take out the loans," stated another.


"So you can cancel student debt with the stroke of a pen, but can't close our southern border? Make it make sense..." demanded a third.


"Pandering for votes. Rent, fuel, and food prices will defeat you in November alone," chided a fourth.


"So essentially you are trying to bribe young people into supporting your genocide," commented a fifth user.


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.

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