
Editorial: Biden a not-so-quiet benefactor for student borrowers
Subtlety is not Joe Biden’s strong suit. When he decided to ramp up his student loan forgiveness efforts by announcing $1.2 billion in debt relief Wednesday, he made sure these potential voters knew who just buttered their toast.
“Congratulations — all or a portion of your federal student loans will be forgiven because you qualify for early loan forgiveness under my Administration’s SAVE Plan,” says the email message from Biden that the Education Department planned to send to the latest group of borrowers receiving loan forgiveness, according to Politico.
“I hope this relief gives you a little more breathing room,” Biden writes in the message.
The latest round of loan forgiveness targeting a key Democratic demographic is part of Biden’s new SAVE plan. It offers lower monthly payments based on borrowers’ income and an easier path to getting their debts ultimately canceled after years of payments.
But why the emails from Biden? A senior administration official told reporters that they are “an important way to communicate with borrowers, to make sure emails get opened, and to raise the profile of the benefits that we’re offering, and encourage more borrowers to take advantage of them.”
In other words, Biden’s poll numbers are so desperate for resuscitation that the president has to become a cash spigot until the fall if he wants to hang on to power. If it takes an email from him saying, “Here’s some money. It’s from me!” then so be it.
Do you know who could use a little more “breathing room,” Mr. President? Everybody who needs to buy groceries, make loan payments for cars, pay their credit card bills, send their children to school.
But the hardworking crowd isn’t really Biden’s base, despite all that Scranton Joe malarkey. And we doubt they’re snubbed by the lack of an email.
They’ve got their own message for Biden in November.