Rep. Jim Banks Tweet: ‘Student Loan Forgiveness Undermines’ Military Recruiting Among viral reactions to the Biden administration's student loan forgiveness plan was the Indiana Republican's tweet about the move potentially discouraging military enlistment.
‘US Student Loans Cost the Government over $60B More to Service Than They Bring in a Year’ Ongoing discourse about student loan repayment included a tweet claiming American student loans cost more to service than they yield in payments each year.
Would $50,000 of Student Debt Forgiveness Be a ‘Massive Tax Increase’ for Americans? Sen. Chuck Schumer called on President-Elect Joe Biden to cancel student debt in January 2021, prompting claims that the plan represented "a massive tax increase" for Americans.
