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Ted Cruz Says Student Debt Relief Costs $2,100 Per Taxpayer

Posted on AllSides August 26th, 2022
From The Center
FACT CHECK

Republicans are united in disagreement over President Joe Biden's plan to write off a chunk of federal student loan debt.

The administration said that it will cancel up to $20,000 in student debt for Pell Grant recipients and up to $10,000 for individual borrowers who make less than $125,000 per year, or $250,000 per year for married couples.

The GOP has labeled the policy "reckless". Senator Ted Cruz (R-TX) was one of those prominent Republicans voicing their criticism on social media.

In a tweet sent on August 24, 2022, Cruz quoted an analysis that suggests the average...

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https://www.newsweek.com/fact-check-ted-cruz-says-student-debt-relief-costs-2100-per-taxpayer-1737293

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