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Biden’s Student Debt Redistribution Frees St. Paul Mayor of Loans, Taxpayers Foot the Bill

After President Joe Biden’s recent actions, St. Paul Mayor Melvin Carter (D) no longer needs to repay his student loans. Instead, American taxpayers are now responsible for his debt, along with millions of others, due to the Biden administration’s student debt reallocation efforts, which have been criticized as unconstitutional. On May 29, Carter, 45, expressed his gratitude towards Biden by tweeting "Thank you, Mr. President!" along with a screenshot showing his student loan account balance as zero.

Despite a 2023 Supreme Court ruling that blocked Biden's initial student loan forgiveness plan as unconstitutional, the administration has continued efforts to shift the burden of student debt onto taxpayers. In 2019, Carter earned an annual salary of $129,000, which is higher than the area’s average, yet he still qualified for the debt forgiveness. This has raised questions about whether he faced significant financial hardship warranting such relief.

Biden’s actions have faced considerable opposition due to their perceived unconstitutional nature. Former House Speaker Nancy Pelosi has stated that student loan forgiveness requires an act of Congress, not an executive order by the president. Despite this, Biden has persisted in reallocating student debts to taxpayers, which has drawn criticism for its questionable legality and the burden it imposes on the public.

While Biden argues that reallocating student debt is intended to help Americans, the constitutional concerns and the financial burden placed on taxpayers have been significant points of contention.

Written by Staff Reports

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