Carter's statement on taxpayer-funded student loan forgiveness

Press Release

Date: Aug. 24, 2022
Location: Washington, DC

Following President Biden's announcement that he is using taxpayer dollars to pay off up to $20,000 in student loans per borrower, Rep. Earl L. "Buddy" Carter (R-GA) delivered the following statement:

"Woke universities don't need $300 billion in taxpayer dollars, especially when they continue to raise tuition even as the value of a four-year degree declines. Workers are being crushed by inflation, and instead of helping the lowest 10% of income earners, Biden is throwing taxpayer dollars at the highest 10%. This is one of the worst dollar-for-dollar investments we could possibly make in our country," said Carter.

He also emphasized that when Washington Democrats say "free," they mean "taxpayer-funded."

"There is no such thing as a free lunch. We need to address the root causes of the rising cost of tuition, not subsidize the wealthy's education on middle America's dime," said Carter.


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