Jim Jordan Says ‘Real America’ Mad at Student Loan Forgiveness for Elites

Jim Jordan Says ‘Real America’ Mad at Student Loan Forgiveness for Elites

Ohio Congressman Jim Jordan said "real America" disagrees with President Joe Biden's student loan forgiveness plan, even though millions have been given financial relief through other government programs.

On August 24, Biden announced that $10,000 in student loan debt would be forgiven, while those who attended higher education via Pell Grants would receive $20,000 in forgiveness. Only individuals making less than $125,000 per year qualify for forgiveness, or $250,000 per household.

The president also announced the seventh and final moratorium on loan payments, which will conclude December 31, at which time borrowers will be required to pay toward their debts for the first time since payments were initially suspended at the onset of the COVID-19 pandemic in March 2020.