Manchin: Biden $500B student loan handout 'excessive'

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Manchin: Biden $500B student loan handout 'excessive'
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SCHOOL OF THOUGHT: Dem senator says he 'disagrees' with Biden's student loan handout

Sen. Joe Manchin, D-W.Va., speaks to reporters in the Hart Senate Office building in Washington, D.C., on Aug. 1, 2022.last month that he will cancel $10,000 of federal student loan debt for certain borrowers making less than $125,000 per year, and up to $20,000 for Pell Grant recipients, while extending the pause on federal student loan payments through the end of the year., telling reporters that he would suggest federal employment to those looking to get on top of repayments.

"I think there’s other ways. When people were calling me from back in West Virginia, I would give them all the options they had that would reduce their loan by going to work in the federal government," Manchin said Tuesday.

Demonstrators rally in front of the White House to celebrate President Biden canceling student debt on Aug. 25, 2022.Republicans criticized the Biden administration's decision immediately, with Republican National Committee Chairwoman Ronna McDaniel calling it "Biden's bailout for the wealthy." "As hardworking Americans struggle with soaring costs and a recession, Biden is giving a handout to the rich," McDaniel said. "Biden's bailout unfairly punishes Americans who saved for college or made a different career choice, and voters see right through this short-sighted, poorly veiled vote-buy."

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