Monday, July 15, 2019

Dems Quiet on Whether Own Student Loan Debt Should be Forgiven

Just 1 of the 41 Democratic members of Congress who owe student loan debt said they'd support adding an exemption to student loan forgiveness legislation that would ensure they don't benefit from it.

The Washington Free Beacon asked each of the 41 Democratic offices on Tuesday whether they would support adding an exemption to make members of Congress ineligible from benefiting from taxpayer-funded student debt relief.

According to House and Senate financial disclosures, 63 members of Congress have student loan debt totaling between $2.3 and $5.9 million.

A number of the original cosponsors of Sanders's bill have student debt of their own.

Omar, whose debt sits between $15,001 and $50,000, said the bill "Will liberate millions of Americans." Representatives Sheila Jackson Lee, Rashida Tlaib, and Nanette Barragán, who together owe up to $200,000 in student debt according to financial disclosures, all signed on as supporters of the debt forgiveness bill.

Rep. Ocasio-Cortez, who also has between $15,001 and $50,000 in student loan debt and supports the radical debt cancellation bill, claimed during a press conference on student loan debt last month that "It was literally easier for me to become the youngest woman in American history elected to Congress than it is to pay off my student loan debt."

A debt relief proposal this year by Sen. Elizabeth Warren cancels $50,000 of student debt for households making less than $100,000.

https://freebeacon.com/issues/dems-quiet-on-whether-own-student-loan-debt-should-be-forgiven/

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