Biden’s Latest Vote-Buying Scheme: Student Loan Cancellation

Source: Ludwig von Mises Institute
by Mitch Nemeth

“Student loan forgiveness, as a policy, is supported by a majority of young voters. Younger voters, an integral part of the Biden 2020 election coalition, were not fond of Joe Biden’s 2020 primary campaign, but the voting bloc swung decisively in Biden’s favor in opposition to then-President Trump. Today, younger voters view Biden as insufficiently progressive. No doubt the polling has triggered alarm bells within the Democrat Party power structure. As such, President Biden has tried to unilaterally implement student loan forgiveness plans due to congressional opposition.” (04/01/24)