Ted Cruz claims Biden’s student debt plan targets ‘lazy young jobless’.

Sen. Ted Cruz Criticizes Student Loan Relief

During his Verdict podcast, Sen. Ted Cruz (R-TX) expressed his opposition to student loan relief, suggesting that it primarily benefits “young unemployed slackers smoking bongs.”

“That’s the sort of people who during COVID, they wanted to pay not to work. Well, if you’re not working, it’s hard to pay your student loans, and suddenly Democrats have told a bunch of 23-year-olds, ‘You don’t gotta work, man. That’d be mean to make you work.'”

Cruz applauded the Supreme Court’s recent decision to reject President Joe Biden’s plan to forgive student loans. The ruling, which came in a 6-3 vote, denied millions of Americans up to $20,000 in debt relief proposed by the Biden administration.

Universities and the Student Loan Issue

Highlighting the issue as a point of contention between Democrats and Republicans, Cruz stated, “There’s a second group, which is the constituencies, which is the universities, and the universities have become entrenched pits of Marxism.”

Biden, undeterred by the Supreme Court ruling, launched another effort to forgive federal student loan debt using authority from the Higher Education Act of 1965. This act allows the Education Department to “compromise, waive or release loans.”

According to a Nerdwallet analysis, approximately 1 in 5 Americans have student loans. Most borrowers fall within the 25 to 34 age range, with an average debt of $33,570 for federal borrowers in this group.

The Impact of Biden’s Plan

Cruz argued that the Biden administration’s student loan plan aims to attract young voters to the Democratic party. He also highlighted the negative consequences the plan would have on various groups, including those without college degrees, truck drivers, steel workers, and union members. Cruz claimed that the proposed plan would force American families to pay off college degrees.

Referring to his own experience, Cruz mentioned that it took him “almost two decades” to pay off his student loans. He criticized the Biden administration for disregarding the efforts of individuals who worked hard and saved to pay for their college education.

In a tweet, Cruz further criticized Biden’s plan, stating, “Joe Biden’s student loan forgiveness plan was a fundamental assault on the limitations of the power of the president & the requirement that it is Congress that appropriates money. Yet, he is reacting to anyone who would hold him to account with disdain.”

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