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Elizabeth Warren Compares Student Debt Cancellation To Tax Cuts

September 19, 2022

U.S. Senator Elizabeth Warren (D-Cambridge) supports student loan debt cancellation.

She took to Twitter to justify President Joe Biden’s decision to cancel up to $10,000 of student loan debt ($20,000 for Pell Grant recipients) for those making up to $125,000 per year.

She compared it to tax cuts when making the argument for it.

“Congressional Republicans don’t bat an eye at huge tax breaks for billionaires & giant corporations,” Warren tweeted Friday, September 16. “But student debt cancellation for working people sends them to their fainting couches. Democrats fight for a country that works for everyone, not just the rich and powerful.”

Biden’s student loan debt cancellation plan costs $300 billion, according to WLTX.

 

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