Biden student loan handout is 'economically responsible,' White House press secretary says

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Biden student loan handout is 'economically responsible,' White House press secretary says
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White House Press Secretary Karine Jean-Pierre said that President Biden's plan to forgive up to $20,000 in student loans is 'economically responsible.'

You can now listen to Fox News articles!President Biden's student loan handout"Taken together, the actions the president announced today are not only economically responsible, they will provide real benefits to families," Jean-Pierre said.on Wednesday the handout that will wipe away $10,000 of federal student loan debt for some borrowers who make less than $125,000 per year, adding that borrowers who were Pell Grant recipients may receive handouts of up to $20,000.

White House Press Secretary Karine Jean-Pierre holds the daily press briefing at the White House in Washington, U.S. May 26, 2022.Biden said during remarks that he is providing"targeted relief" and said that it is an"economically responsible course."

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