Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Zenger
Zenger
Politics
Aveek Bhowmik

Kennedy Criticizes Biden’s Failed Student Loan Forgiveness Plan

WASHINGTON, DC - JUNE 30: U.S. President Joe Biden is joined by Education Secretary Miguel Cardona (L) as he announces new actions to protect borrowers after the Supreme Court struck down his student loan forgiveness plan in the Roosevelt Room at the White House on June 30, 2023 in Washington, DC. In a 6-to-3 decision, the court ruled the loan forgiveness program -- which was projected to help 40 million people and cost $400 billion -- was unconstitutional. PHOTO BY CHIP SOMODEVILLA/GETTY IMAGES

“The unfortunate SCOTUS ruling striking down President Biden’s student loan forgiveness program was the predictable result of Biden’s failure to bring Congress together on this issue of crucial importance to young Americans,” Kennedy tweeted.

President Joe Biden’s ambitious student debt relief plan, aimed at alleviating $430 billion in student loan debt, was struck down on Friday by a decisive 6-3 ruling from the nation’s highest court.

Kennedy added that he would “galvanize public support to pressure Congress to put down their partisan positions and legislate meaningful relief to the tens of millions of Americans who are drowning in student debt.”

Democratic presidential candidate Robert F. Kennedy, Jr. took a jab at his primary opponent, President Joe Biden, over the Supreme Court’s decision to shoot down his student loan forgiveness plan.Kennedy criticized President Biden’s failure to unite Congress on the issue, leading to the “predictable result” of the court’s ruling.Robert F. Kennedy Jr. visits. PHOTO BY JAMIE MCCARTHY/GETTY IMAGES 

 

He went on to add that he would “also take steps to reduce education costs for students.”

“When I was their age, a college education cost about one-seventh of what it is today. A young person could work their way through college and graduate debt-free. If we devoted even a fraction of our military budget to higher education, it could be virtually free to all (as it is in many other countries),” Kennedy tweeted.

He ended the Twitter thread stating, “Funding higher education is not an entitlement program, it is an investment in America’s future, just as with infrastructure and environment. Let’s invest in America’s young people instead of in the forever wars.”

Why It Matters: In the current political landscape, Kennedy — the nephew of former President John F. Kennedy — remains a notable challenger to President Biden. Also, Kennedy’s vow to galvanize public support and pressure Congress suggests that he is positioning himself as an advocate for young Americans burdened by student loan debt.

 

Produced in association with Benzinga

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.