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J.D. Vance, the Trump-backed Republican nominee for Ohio’s U.S. Senate seat, called President Joe Biden’s student loan forgiveness scheme a “$300 billion elite giveaway on the backs of American workers” and hammered his opponent Rep. Tim Ryan for his “mealy-mouthed statement.”
“In the midst of a historic inflation crisis, Joe Biden supplied a $300 billion giveaway to college graduates,” Vance said in a statement, noting that it would be “paid for by single moms in the form of higher food prices, by trade workers in the form of higher taxes, and by the next generation of students in the form of higher tuition.”
On Wednesday, Biden announced his decision to forgive up to $20,000 in student debt for Americans making less than $125,000 a year. The president announced details of his plan on social media, describing it as a “campaign promise” to give “working and middle-class families breathing room” on student loans.
