Demings supports Biden’s student loan bailout
|MIAMI, FLA. — Val Demings supports Joe Biden’s student loan bailout, the Miami Herald reported today.
-Biden’s bailout would put taxpayers on the hook to forgive student loans for those making up to $125,000 a year or $250,000 per household.
-87% of Americans don’t have student loans. People that go to college have a higher earning potential and better job security than those who don’t.
-Latinos disproportionately represent the non-college educated workforce and will bear undue burden.
-The loan cancellation will cost $427 billion, more than the GDP of 182 countries.
-Nancy Pelosi and Joe Biden have both previously conceded that the president does not have the constitutional authority to do this.
“This is preposterous and proves without a shadow of a doubt that Val Demings will always stand with Joe Biden and her blue-state donors over the interests of Florida families. Millions of Floridians either responsibly paid off their student loans or made the choice not to go to college, and yet the working class will now foot the bill for affluent Americans’ college and graduate degrees. Demings is once again showing Floridians that she’s nothing more than a radical rubber stamp for Biden’s agenda who can’t be counted on to represent their interests in Washington,” said Elizabeth Gregory, communications director for Marco Rubio for Senate.