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US governors ask Joe Biden to withdraw his student loan forgiveness plan

The Republican governors indicated in the letter that the measure is unfair to taxpayers.

In a letter addressed to the president of the United States, Joe Biden, 22 Republican governors expressed their opposition to the president’s plan to forgive student loan debt and, in addition, requested that the proposal be withdrawn immediately.

The letter, sent at the head of Iowa Governor Kim Reynolds, indicates that the cancellation plan would cost taxpayers a total of 600,000 million dollars.

They also assured that it is unfair that the vast majority of taxpayers pay loan forgiveness, when only 16-17% of Americans have this type of debt.

“As governors, we support making education more affordable and accessible to students in our states, but we fundamentally oppose your plan to force American taxpayers to pay off the student loan debt of an elite minority,” the letter states.

The governors also said the plan is unfair to those who have already paid off their student loans, saying the proposal will encourage more student loans, encourage higher tuition costs and further increase inflation.

For their part, some Republican senators are calling for lawsuits to block Biden’s order, calling the proposal illegal overreach and abuse of executive power.

The letter sent last Monday to President Joe Biden was signed by the governors of Alabama, Alaska, Arizona, Arkansas, Florida, Georgia, Idaho, Iowa, Maryland, Missouri, Montana, Nebraska, New Hampshire, North Dakota, Ohio, Oklahoma. , South Carolina, Tennessee, Texas, Utah, and Wyoming.

Shawna Michael

Creative by vocation and passionate about art, I am trained in ADE for Entrepreneurs and I am a specialist in Communication, Advertising and Marketing. I like to investigate new market trends.
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