91 Percent of Warnock’s Staff Could Be Eligible to Receive Up to $490,000 in Loan Forgiveness

The vast majority of Hill staff could fall under President Joe Biden’s qualification threshold for his loan forgiveness plan, making them eligible to receive a minimum of $10,000 in debt repayment. According to salary data, nearly 91% of Sen. Raphael Warnock’s staff could qualify.

This percentage is merely an estimation as there are several unknown factors, including whether or not the staffers went to college, if they took out loans, if they still have loans or if they had a full-ride scholarship, as well as the total household income of Hill staffers.

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Virginians Set to Get Student Loan Forgiveness, but Analysts Say the Policy Could Have Consequences

About 12.5% of Virginia residents owe some amount of student debt that could be reduced through President Joe Biden’s student loan forgiveness plan, but some scholars are warning that the plan could have some negative consequences.

More than 1.08 million residents in the commonwealth owe money on their student loans and the average amount of debt per borrower is one of the highest in the country. According to the Education Data Initiative, the average borrower owes more than $39,000, which is the fourth highest rate in the country. In total, Virginians owe about $42.4 billion in student debt.

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Ohio Senate Candidates Slam Biden’s Handout to Student Debtors

Both U.S. Senate candidates from Ohio criticized President Joe Biden for forgiving $300 billion in student-loan debt, with Republican J.D. Vance issuing a particularly scathing rebuke for what he called “an elite giveaway on the backs of American workers.”

“Today, in the midst of a historic inflation crisis, Joe Biden supplied a $300 billion giveaway to college graduates – paid for by single moms in the form of higher food prices, by trade workers in the form of higher taxes, and by the next generation of students in the form of higher tuition,” the attorney, venture capitalist and author said in a statement. 

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Tennessee U.S. Representative Scott DesJarlais Introduces Bill Aimed at Blocking Biden Student Loan Forgiveness

Tennessee U.S. Representative Scott DesJarlais (R-TN-04) is set to introduce legislation that aims to block the Biden administration’s student loan forgiveness plan.

DesJarlais went on Fox Business to discuss the bill that he intends to introduce.

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Southeastern Legal Foundation Attorney Cece O’Leary Gives Updates as Judge Rules American Rescue Act Unconstitutional

Southeastern Legal Foundation Attorney Cece O'Leary

Monday morning on the Tennessee Star Report, host Michael Patrick Leahy welcomed Southeastern Legal Foundation Attorney Cece O’Leary to the newsmakers line to provide updates on the White farmer discrimination case as a judge rules it unconstitutional.

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Five White Farmers Sue over Loan Forgiveness Only for Blacks, Other Minorities

Group of farmers harvesting crops

Christopher Baird owns a dairy farm near Ferryville in southwest Wisconsin, not far from the Mississippi River. He milks about 50 cows and farms approximately 80 acres of pasture.

Like a lot of farmers, Baird has direct loans through the U.S. Department of Agriculture’s Farm Service Agency. 

But the dairy farmer isn’t entitled to a new FSA loan-forgiveness program provided as part of COVID-19 relief in the $2 trillion American Rescue Plan Act, legislation touted Wednesday night by President Joe Biden in his address to Congress. 

Baird is white. He joined four other white farmers Thursday in suing federal officials over being left out.

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Commentary: Forgiving Student Debt Isn’t the Solution to Anything

by Preston Cooper   The time-honored American tradition of outlandish political promises continues apace. Now, the spotlight is on student debt. Democratic presidential candidate Elizabeth Warren added to the debate recently when she put forward a proposal to cancel $640 billion worth of federal and private student loans. Warren touts…

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