Student Debt

President Biden discusses a move to lessen student debt for people making less that $125,000/year and recipients of Pell Grants.

This is the reaction from South Carolina Senator Tim Scott and SC Gover Henry McMaster:

Senator Tim Scott Statement on Biden’s $300 Billion Student Loan Plan 


WASHINGTON – U.S. Senator Tim Scott (R-S.C.) issued the following statement on President Biden's plan to force Americans who didn’t attend college to pay for student loan forgiveness. 

“Only one third of Americans have a college degree, and the majority of higher education debt is held by the wealthiest among us. President Biden’s plan to cancel student debt will amount to a $300 billion tax burden that will be paid for by low and middle-class families in the midst of a recession,” said Sen. Scott. “My mom is one of millions of Americans who didn’t go to college. She worked double shifts to keep the lights on and provide for my brother and me. Hardworking Americans like my mom and millions of others should not be responsible for this politically-motivated giveaway. It does nothing to solve the cost of higher education and will only pour more fuel on an overheated economy. Our country is in desperate need of better leadership that works for everyone.” 

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Gov. Henry McMaster Statement on Biden Administration's Debt Forgiveness Scheme

COLUMBIA, S.C. – Gov. Henry McMaster today released the following statement in response to the Biden Administration's debt forgiveness scheme:

"Thread by thread, President Biden and the liberal Democrats are destroying the fabric of this great nation. A fabric that has held this great nation together for almost two hundred and fifty years. 

"The American Dream of prosperity and happiness - achieved through hard work, self-reliance, and playing by the rules - is being threatened by the liberal left's 'something-for-nothing' entitlement culture of handouts, bailouts, and cop outs."

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