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interests / alt.education / Democrats demanding student debt forgiveness owe huge sums in college loans

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o Democrats demanding student debt forgiveness owe huge sums in college loanszinn

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Democrats demanding student debt forgiveness owe huge sums in college loans

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https://www.novabbs.com/interests/article-flat.php?id=1078&group=alt.education#1078

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From: zin...@reno.us (zinn)
Newsgroups: talk.politics.guns,alt.education,alt.politics.usa.congress,alt.fan.rush-limbaugh,sac.politics
Subject: Democrats demanding student debt forgiveness owe huge sums in college loans
Date: Sun, 7 Aug 2022 07:37:04 -0000 (UTC)
Organization: Mixmin
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 by: zinn - Sun, 7 Aug 2022 07:37 UTC

Over a dozen progressive members of Congress who have been pushing
President Joe Biden to forgive student loans owe an astonishing amount of
educational debt, a new review of financial disclosures from the Daily
Caller News Foundation shows.

The 13 Democratic members reported their individual debts in 2021 and
2020, in amounts that range from as little as $15,000 to as much as
$300,000. This includes "The Squad" members New York Rep. Alexandria
Ocasio-Cortez, who owes up to $50,000, and also Michigan Rep. Rashida
Tlaib, who owes up to $100,000. Both congresswomen have been very vocal on
the issue, with Ocasio-Cortez calling the lack of loan forgiveness a
"moral hazard," and Tlaib claiming that canceling student debt is �a
racial justice issue.�

Ocasio-Cortez, who makes $174,000 a year from sitting in Congress, tweeted
out some criticism of wealthy people who can afford to pay for college.

Another "Squad" member, Minnesota Rep. Ilhan Omar, reported in 2021 up to
$50,000 in student debt for herself, according to the DCNF's report. Omar
spearheaded multiple letters in the last two years to Biden and Education
Secretary Miguel Cardona, demanding federal student loan forgiveness. She
also called for the government to �abolish student loan debt� in 2020.
Rep. Jamaal Bowman, who holds the highest amount of student debt out of
any New York representative at a number between $100,001 and $250,000, has
called on the president to forgive all educational loans.

"When Members have these type of connections to issues they are directly
advocating for, it leads to citizens fairly questioning whether members
are advocating for the public good or their own personal interests," said
Kendra Arnold, executive director of the Foundation for Accountability and
Civic Trust, a watchdog group aiming to uphold ethics in government, to
the DCNF.

The Biden administration has reportedly been considering debt cancellation
of $10,000 for people who earn less than $150,000 per year, but the actual
plan for implementation is unclear.

Senate Majority Leader Chuck Schumer has called on the president to cancel
$50,000 of debt, but Biden claimed in April he is �not considering� an
amount that high.

https://thepostmillennial.com/democrats-demanding-student-debt-
forgiveness-owe-huge-sums-in-college-loans

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