St. Paul, Minnesota Mayor Melvin Carter, who earns an annual salary exceeding $130,000, has publicly expressed gratitude to President Joe Biden for the cancellation of his student loan debt.
This comes despite the fact that Carter's income significantly surpasses that of the average American worker, raising questions about the fairness of such debt relief measures.
"The Supreme Court tried to block me from relieving student debt. But they didn't stop me. I've relieved student debt for over 5 million Americans. I'm going to keep going," President Biden stated in a recent post on social media.
In response to the Supreme Court's ruling against his student loan relief program, Biden has implemented a series of strategies to bypass the court's decision.
Last year, the Supreme Court voted 6-3 against Biden's student loan relief initiative. Consequently, the Department of Education introduced a forbearance program, which effectively canceled $39 billion in student loans by considering non-payments as payments for a certain duration.
In January, President Biden unilaterally canceled an additional $5 billion in student loan debt for 74,000 borrowers. He also declared that student loans for borrowers who had taken out less than $12,000 and had been in repayment for a decade would be canceled.
Mayor Carter publicly acknowledged the zero balance on his Mohela account, attributing it to the President's actions. "Thank you, Mr. President!" Carter wrote. However, his decision to publicly celebrate the cancellation of his student loan debt has sparked backlash, with critics arguing that it highlights the inequities of such relief measures.
Login