Biden’s student loan handout is an ‘egregious overstep’ that allows colleges to hike tuition: Sen. Marsha Blackburn
Sen. Marsha Blackburn, R-Tenn., criticizes President Biden’s student loan handout and the catastrophic effects it could have on the U.S. economy on ‘Mornings with Maria.’
During an interview on "Mornings with Maria," Wednesday, Tennessee Sen. Marsha Blackburn slammed President Biden's "grossly unfair" student loan handout plan, arguing it will only bolster universities' ability to further hike tuition rates.
SEN. MARSHA BLACKBURN: 210 million Americans do not have a college degree. 40% of the student loan debt is held by who? The rich people that are doctors, lawyers, PhDs, and advanced degrees. There is only 10% that is held by the bottom fifth of wage earners. This is one of the most egregious oversteps that's going to allow colleges to increase their tuition because, hey, the money's free, and they are not held accountable for the fact that people can't get a job once they finish college.