Biden's student loan handout a 'political payoff' to buy votes ahead of midterm elections: Betsy DeVos
DeVos says Biden's $400B student loan handout could really cost taxpayers $1 trillion.
Biden's $400B student loan handout a 'political vote buy': Betsy DeVos
Former Education Secretary Betsy DeVos joins 'Mornings with Maria' to assess the cost of the president's student loan handout and its impact on taxpayers.
Former Trump Education Secretary Betsy DeVos torched Biden's student loan handout Monday, telling "Mornings with the Maria" the president's plan is "patently illegal" and an "unfair scheme" to appeal to a small part of his base at the expense of millions of taxpayers.
BETSY DEVOS: I think it is a horrible idea, it is also, I think, patently illegal, and we’re seeing the reality around that. As lawsuits are filed to challenge it the Biden administration keeps changing the parameters around whose loans will be forgiven. This is a horrible policy, it's not fair to two out of three Americans that never took college loans that are now going to be shouldered with the burden of paying them.
BIDEN'S STUDENT LOAN HANDOUT AN ‘EGREGIOUS’ POLITICAL ‘OVERSTEP’: SEN. MARSHA BLACKBURN
Then there's the $400 billion dollar price tag, a recent Wharton study suggested it will be a trillion dollars. So somewhere between $400 billion and $1 trillion dollars of taxpayer funds shifted to those who have not taken out college loans, and who have not gone to college, this is an untenable policy that has to be ultimately defeated I believe.
Larry Kudlow: The first lawsuit has been filed against Biden's illegal student loan move
FOX Business host Larry Kudlow reacts to outrage over President Joe Biden's student loan debt handout on 'Kudlow.'