Mark Green tweets about Biden Administration's SAVE Plan
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Issues: Finance and Banking Higher Education
President Biden's so-called Income-Driven Repayment Plan is really retroactive free college in disguise. This program will forgive billions in student loans and cost taxpayers $475 billion over the 10-year budget window.
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It's time we stop asking taxpayers to pay for other people's college degrees and instead let them invest in their own futures.
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Not to mention that this new plan will do NOTHING to reduce the cost of college. In reality, it only incentivizes institutions of higher ed to raise their prices even higher, knowing that taxpayers will have to foot the bill.
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