(DailyVantage.com) – Ostensibly in a bid to secure more votes from the younger Gen Z crowd, President Joe Biden said that he will do all he can to push through with his plan to forgive millions of dollars worth of student loans.
“I’m not backing down,” the president said of the plan, which was part of his campaign promises when he first ran for the White House in 2020.
However, some have pointed out the dangerous implications of such a move, such as South Dakota Governor Kristi Noem, who said that the plan is an attempt by the Biden administration to ” buy votes” from younger voters.
“That’s exactly what he’s doing,” Noem told Fox and Friends in a segment aired in February. She scored the president for the timing of the measure’s implementation — just months before the general election — and the fiscal irresponsibility involved, as the U.S.’s debt is currently at $34.5 trillion.
Other experts have also said that Biden’s student loan forgiveness plan also raises a number of red flags. One is that the president has no legal authority to enact such a measure, legal expert Anastasia Boden told Fox News. Boden, who is the director of the Robert A. Levy Center for Constitutional Studies for the Cato Institute, said that only Congress has the power to make such decisions. Boden also warned that student loan forgiveness programs tend to drive up the prices of education in the long run, which contradicts Biden’s promise of making “higher education… a ticket to the middle class.”
Some states are also up in arms regarding the measure, with Kansas Attorney General Kris Kobach filing a lawsuit against the government over the plan. Other states have also joined Kobach’s suit, namely Alabama, Alaska, Idaho, Iowa, Louisiana, Montana, Nebraska, South Carolina, Texas and Utah.
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