‘I didn’t co-sign anyone’s loan’: Herschel Walker rails against Biden’s student debt relief plan in Georgia debate

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By Katherine Huggins

Georgia Republican Senate candidate Herschel Walker on Friday sharply criticized President Joe Biden’s plan to write off $10,000 in federal student loans (or $20,000 for Pell Grant recipients), calling it “not fair” and “not fair”.

“It’s not right. Georgians say it’s not right, and they say it’s unfair,” Walker said, citing conversations with people who he said told him said they had wanted to go to college but couldn’t afford it and chose instead. enlist in the army or enter the labor market.

“First of all, how can you transfer debt from someone who owes it to someone who doesn’t? Walker asked, adding moments later: “You have to pay this debt, and I didn’t co-sign anyone’s loan. I hope no one here co-signed anyone’s loan because I didn’t co-signed nobody’s loan, and that’s not right, that’s not fair.”

Walker’s comments came during the first and only debate in this tight Senate race ahead of the Nov. 8 midterms, when the former soccer star hopes to oust incumbent Democrat Raphael Warnock. The race is considered a draw by Cook’s nonpartisan Political Report, but recent polls show Warnock have an average lead of 3.3 points.

Several Democratic candidates in close races have tried to distance themselves from Biden’s student loan plan, and some have actively criticized the idea. For example, Representative Tim Ryan, the party’s candidate for Senate in Ohio, argued that he was “sending the wrong message to the millions of Ohioans without a degree working just as hard to make ends meet.”

See: Biden ‘should have targeted relief more’: Democrats in tough Senate races distance themselves from his plan to cancel student loans

Also: Ohio hopefuls Tim Ryan and JD Vance debate abortion, inflation, Ukraine, China and Senate qualifications

But Warnock took a different approach, saying, “I wouldn’t be here tonight if it hadn’t been for low-interest student loans and Pell grants.”

“And since graduating, that path has gotten harder,” he continued. “I met a couple on a flight, and they wrote me a note. They were with their one-year-old son. They said whatever you do, please do something about this debt Mom said I borrowed $35,000, I repaid $20,000, I still owe $30,000, and that’s why I pushed the president to do student debt relief.

Warnock added that he thinks Biden’s forgiveness plan was “the right move” and “will spur entrepreneurship, home ownership,” noting that the plan also includes forgiveness for those who used loans. federal government to attend technical and vocational schools.

“But we need reform. We shouldn’t be starting over in 10 years,” Warnock continued. “And I’m working right now on the kind of reform that we need because college is outweighing the price of everything else in our economy.”

When asked how he would handle soaring costs for higher education, Walker said he would work to eliminate federal funding for schools that continue to raise tuition fees. “Any college that raises its costs, I would get rid of any federal funding it gets,” Walker said.

Warnock had the final say: “It’s interesting to me that the people who cried over student debt relief didn’t say anything about the multi-billion dollar corporations that got PPP loans.”

Read: The rich and famous, including Tom Brady, Reese Witherspoon and Jared Kushner, have had their PPP loans forgiven. Is it a scandal or a success?

See also: ‘Congresswoman Marjorie Taylor Greene got $183,504 in PPP loans forgiven’: White House calls on Republicans to criticize student loan forgiveness

 

(END) Dow Jones Newswire

10-14-22 2223ET

Copyright (c) 2022 Dow Jones & Company, Inc.

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