Former Clinton adviser and current CNN talking head Paul Begala blasted Biden’s student loan handout over the weekend during a segment on State of the Union; Begala says the plan is “bad policy and bad politics.”
“For that amount of money, you could fund free pre-K for every three- and four-year-old for 10 years,” Begala explained. “You would do a lot more good for poor people, communities of color, and the underprivileged by doing pre-K. You could forgive all medical debt, which, unlike student debt, is not freely entered into.”
According to The Daily Wire, “the student loan cancellation plan applies to individuals earning less than $125,000 annually. Biden also decided to extend the pause on federal student loan repayment to January 2023 and will permit borrowers with undergraduate loans to cap payments at 5% of monthly income.”
“So what is my party doing with this? They’re disadvantaging — I think they’re not helping the people that we’re here to help, which is [sic] poor people and underprivileged communities,” Begala continued. “And they’re not helping their politicians who are running.”
Watch the clip below:
Former top Clinton advisor Paul Begala blasts Biden's student loan debt bailout:
"What is my party doing with this? I think they're not helping the people that we're here to help, which is poor people and underprivileged communities." pic.twitter.com/s86uHqNpye
— RNC Research (@RNCResearch) August 28, 2022