Biden bails out a broken system—a giveaway to “woke” college administrators
Fellow Conservative,
You’ve probably heard others explain how Biden’s student loans bailout is a massive giveaway to the elites—Biden’s bailout represents a massive, systematic transfer of DEBT from the rich to the working class.
Nearly HALF of student loan debt is held by households whose borrowers have graduate degrees… and much higher salaries than middle-class families.
The Penn-Wharton budget model estimates that this bailout will cost working-class American taxpayers up to $1 trillion over the next decade while benefiting the elites and causing inflation to skyrocket.
But here’s something not everyone is talking about.
Not only does this bailout create a systemic debt issue, but it also creates a TERRIBLE precedent for colleges to further blow up the growing tuition bubble.
Now that universities know their tuition “loans” will be simply paid off by struggling Americans, there is NOTHING stopping them from increasing costs indefinitely. Students will keep taking out bigger and bigger loans, expecting more bailouts from the taxpayers.
Biden’s debt bailout is a handout to his allies at the universities! For decades, liberal universities have played a key role in the Left’s war on American culture. And now Biden is giving them their reward!
Liberal universities have gotten RICH off of students looking to better their lives through education—they’re about to get even richer.
HELP HERITAGE ACTION FIGHT BACK >>
Plain and simple: Biden’s student debt plan is a DISASTER for America.
The Left is waging a culture war. And Biden is ensuring that the Left’s indoctrination centers—American universities—get even more resources for the years ahead.
At Heritage Action, we’re proud to be fighting back against the Left –– we believe that America is worth fighting for!
The Left’s woke agenda must be stopped. We’ve delivered huge wins at the state level on the MOST critical issues, including election security, life, school choice, and Critical Race Theory.
Stopping indoctrination in our schools is one of the most important things we can do to help the next generation.
In Washington, our work keeps conservative politicians accountable to their constituents, and our efforts have played a huge role in keeping the FULL Biden agenda from taking over America.
We stopped vaccine mandates.
We stopped the Democrats from rigging America’s election laws.
We kept voter ID.
In the battle for America, all the issues ultimately rely on us having free and fair elections. So stopping Biden from rewriting all our election laws is a big WIN!
But we need your support to keep fighting – and WINNING – for America. Please chip in whatever you can to support conservative values and STOP Biden’s radical agenda! >>
Thank you,
Jessica Anderson
Executive Director, Heritage Action
Heritage Action for America is a 501(c)4 non-profit organization. Donations are not tax deductible. State Registration Disclosures.
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