Bice Slams Biden's Student Loan Giveaway

Press Release

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

Congresswoman Stephanie Bice (OK-05) released the following statement after President Biden announced the cancellation of certain federal student loan debt.

"There is no way to 'forgive' debt. This handout by the Biden Administration, which carries a $300 billion dollar price tag, shifts the burden away from personal responsibility and onto the taxpayers at large, punishing them for the decisions of others. This shortsighted decision will exacerbate record-high inflation and raise the cost of tuition in the long run. Forgiveness without accountability is not a solution. This action is a slap in the face to Americans who chose not to take on student loans, those who decided to learn a trade instead of attending 4-year universities, and those who made sacrifices to pay them off."


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