White House officials stand to benefit from Biden student debt handout: Watchdog group

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White House officials stand to benefit from Biden student debt handout: Watchdog group
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Several White House staffers who have loans themselves and make under the salary threshold stand to benefit from President Biden's $300 billion student loan handout.

'Special Report' panel reacts to President Biden announcing student loan handout Wednesday as national debt soars.are among those who stand to benefit from the $300 billion student loan handout.

The numbers from Inside Biden’s Basement don’t include agency officials, which is its own separate 175-person behemoth. "Just at the White House, nearly 71% or 336 White House officials earn under the $125,000 threshold and potentially even more could be eligible under the household income cap. Counting the agencies, Inside Biden's Basement has identified over 200 officials who may be eligible for this Biden handout on the backs of taxpayers," Hollie continued.

"Whether they are employed by Fox News, another private business, or a Republican Senate office, 43 million eligible borrowers now have help available to them," Bates said."Almost 90 percent of the benefits will go to people earning under $75,000, and none will go to those earning over $125,000." The nation's federal student debt now tops $1.6 trillion after ballooning for years. More than 43 million Americans have federal student debt, with almost a third owing less than $10,000 and more than half owing less than $20,000, according to the latest federal data.

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