.kilmeade: President Biden's student loan handout is 'cash for votes'
of $10,000 for borrowers who make less than $125,000 and up to $20,000 for Pell Grant recipients. And it will cost you, the American taxpayer, yes, everyone in this audience, $300 billion. Is there any mathematician in the White House? The plan also extends a repayment pause through the end of the year.
US President Joe Biden announces student loan relief with Education Secretary Miguel Cardona on August 24, 2022 in the Roosevelt Room of the White House in Washington, DC. It's also regressive as more of the aid would go to the highest earners than the lowest. Again giving money back to those who need it the least. How does that make sense? Not to mention the huge cost to taxpayers and that'sentering the Indy 500. Thank you, Jesse Waters. Now, if President Biden decides later to cancel the 50-grand per borrower, it would cost taxpayers $1 trillion. And forgiving the entire amount, $1.6 trillion.
I mean, take a look at this chart of private school costs over the years. Lots of numbers, lots of bars, all going in the wrong direction and public schools no better, also cost an arm and a leg. You can't argue with charts. They're put together by mathematicians, statisticians and estheticians. Oh, wait, I got confused, I'm talking about the good people who put together Nancy Pelosi's face every day. The point is. College costs are a lot of money.
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