Fact Check Ted Cruz Says Student Debt Relief Costs 2 100 Per Taxpayer
The administration said that it will cancel up to $20,000 in student debt for Pell Grant recipients and up to $10,000 for individual borrowers who make less than $125,000 per year, or $250,000 per year for married couples. The GOP has labeled the policy “reckless”. Senator Ted Cruz (R-TX) was one of those prominent Republicans voicing their criticism on social media. The Claim In a tweet sent on August 24, 2022, Cruz quoted an analysis that suggests the average cost of the student debt forgiveness policy to each taxpayer would be $2,100....