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