130 Republicans Urge Biden to Withdraw $147 Billion Student Loan Bailout

The congressional lawmakers say the new plan is too costly and unfair to Americans who didn’t take out loans or who paid off their loans.

The U.S. Department of Education building in Washington on July 6, 2023. Madalina Vasiliu/The Epoch Times

A group of 130 Republicans in Congress is demanding that the Biden administration withdraw its plan to cancel $147 billion of federal student loan debt.

They argue that it is unfair for Americans who didn’t borrow or have already paid off their loans.