Dems Supporting College Loan Forgiveness Deep in Debt
- August 28, 2023
Brian Freeman, NewsMax
In a possible conflict of interest, at least 13 Congressional Democrats who want President Joe Biden to forgive college loans are deep in educational debt, ethics experts told the Washington Examiner.
“Regardless of the wisdom of the policy, certainly those who could gain personally from it should think about taking a step back from leading on the issue,” said Michael Chamberlain, director of the watchdog group Protect the Public’s Trust.
“This is little different from officials advocating or voting for policies that benefit companies in which they own stock. Some people may even consider it worse, perhaps, because it’s at the direct expense of taxpayers.”
An analysis of newly released financial disclosures by the Washington Examiner showed that at least 13 Democrats in Congress who support student loan forgiveness reported on 2022 filings having a total of some $1.7 million in their own or a family member’s student debt.