‘A Nation in Decline’: Trump Shreds Biden’s Student Debt Plan as an ‘Election Enhancing Money Grab’

Former President Donald Trump is shredding a move by President Joe Biden to cancel student loan debt for millions of Americans.

In a statement on Thursday, Trump wrote, “👤Joe Biden and the Radical Left Democrats have just orchestrated another election enhancing money grab, this time to the tune of $300,000,000,000 — and just like I predicted, it’s coming right out of the pocket of the working-class Americans who are struggling the most!”

“Crippling inflation, unaffordable energy prices, and WAR — all things that should never have happened. But if that wasn’t enough, now Americans are bailing out College Administrators who fleeced students, and those who opted for Degrees there was no way they could afford,” he continued.

Trump added, “America is a nation in decline, and the cliff into oblivion is within sight. Stop voting for Democrats! MAKE AMERICA GREAT AGAIN!”

On Wednesday, Biden unveiled his plan to cancel up to $20,000 in debt for borrowers who received Pell Grants, and $10,000 for those who did not — for Americans who earn less than $125,000 a year.

Additionally, his administration will issue a “final” extension of the pause on student loan payments through Dec. 31, 2022.

A “fact-sheet” released by the White House reported that 90% of the benefit of the loan cancellations will “go to borrowers earning less than $75,000 a year.”