The Biden administration’s plan to forgive student loans came under fire from Rep. Burgess Owens (R-Utah), who argued that the president’s plan will “mortgage our children’s future.” The congressman compared Democrat strategies to those of former Marxist leaders and called attention to the urgent need to reduce the costs of college tuition.
Last August, President Joe Biden issued an executive order forgiving up to $20,000 in student loan debt for eligible borrowers. The order also extended student loan forbearance “one final time through December 31, 2022.”
Despite this statement, Biden reissued the extension late last year in response to the ensuing legal debate among Supreme Court justices around the constitutionality of the president’s order. The extension is set to end this summer, when the Supreme Court is expected to vote on the matter….