Reporter asks Biden if student debt relief is fair to people who already paid, and his response gets instant backlash



President Joe Biden was challenged by a reporter about the fairness of his student debt relief order, and his answer was immediately lambasted by many on social media.

Biden was speaking about the student debt program he ordered Wednesday when a reporter asked him to comment on the challenge that the policy was unfair to those borrowers who worked hard to pay off their loans.

"Is this unfair to people who paid their student loans or chose not to take out loans?" asked Karen Travers of ABC News.

"Is it fair to people who, in fact, do not own multi-billion-dollar businesses if they see one of these guys getting all the tax breaks? Is that fair? What do you think?" Biden responded.

"What about people who paid their loans, though, struggled to pay their loans, and now others don't have to?" asked another reporter.

Biden simply walked out of the room.

Many on social media ripped into Biden for the response.

"What in the world is he talking about?" asked Tim Carney of the American Enterprise Institute.

"I have no idea what this means but they had months and months to come up with an answer to this obvious question and here is the result," responded Scot Bertram of NRO.

"Confused Biden can’t tell the difference between American taxpayers keeping more of the money they earn, and the federal govt raiding the coffers to buy votes," read another reply.

"This isn't just comparing apples to oranges, it's comparing apples to fish that's been sitting on the counter for 3 days," said one critic.

"SO GIVE PEOPLE TAX BREAKS! CUT OUR TAXES! Let people keep more of THEIR money, don't force them to subsidize other people's debt. Did he think that thought all the way through?" tweeted the official Young Americans for Liberty.

However, many on the left liked Biden's defiant reply.

"More of this version of Biden please," responded Ana Kasparian of the Young Turks.

One video of Biden's comments garnered more than 2.1 million views on Twitter.

Here's more about Biden's student debt order:

SUPERINFLATION? Biden CANCELS Student Loan Debt | The News & Why It Matters | 8/24/2022www.youtube.com

Biden to announce $10,000 of student loan forgiveness and repayment pause extension



President Joe Biden will reportedly announce an order to excuse $10,000 of student loans for many while also extending the repayment pause.

The Associated Press reported that three sources confirmed the student loan forgiveness plan. They claimed that the forgiveness program would be limited to those who earn less than $125,000 a year.

The current moratorium on student loan repayment implemented during the pandemic was scheduled to expire next week, but under the new plan, it will be extended into January.

Total U.S. student debt has grown from $516 billion in 2007 to $1.6 trillion in 2022. One third of the more than 43 million Americans with federal student debt owes only $10,000, while more than half owes less than $20,000.

According to an analysis of the plan by the Penn Wharton Budget Model think thank at the University of Pennsylvania, the plan would cost roughly $300 billion. The analysis also said "about 70 percent of debt relief accrues to borrowers in the top 60 percent of the income distribution."

The progressive wing of the Democrat party has excoriated Biden for promising to forgive student debt and then failing to do so once he got into office. In February, left-wing activists accused the president of being "extremely classist and racist" for not following through with the demand that he forgive $50,000 of student debt per borrower.

"They are in service to an ideological moderatism that doesn't align with the base of the party or with the views of a rising electorate that is younger & less white," said activist Bree Newsome at the time.

Republicans meanwhile have derided any student loan forgiveness plan for helping the privileged with the taxpayer money from regular Americans.

"If the Biden Administration goes through with this, they will be taking money from plumbers and electricians to pay the debts of lawyers and academics," tweeted Rep. Mike Johnson (R-La.).

Here's more about Biden's student loan plan:

President Biden's plan on forgiving student loan debtwww.youtube.com