Home Music bank Texas conservatives mock student loan forgiveness, but get PPP loan forgiveness

Texas conservatives mock student loan forgiveness, but get PPP loan forgiveness


On Wednesday, President Joe Biden announced a sweeping student loan forgiveness plan that would relieve borrowers of tens of thousands of dollars in debt, end usurious interest rates, cap income-related repayment amounts at half their previous amount and would reduce the time before a debt could be canceled to ten years. While still a long way from the complete elimination of student debt he originally promised on the campaign trail, it was a big step forward in fixing the country’s broken tuition system.

Naturally, conservatives took to social media to speak out against the order. Unfortunately, they were hoisted to their own account through a public database of canceled PPP loans. The loans were offered to businesses in the first year of COVID-19 to help them stay afloat. Billions of dollars in loans have been canceled by the federal government in the same way as Biden’s student loan order.

Several prominent Texas conservatives have been caught speaking out against student loan forgiveness only to have their own forgiven debts thrown in their faces by internet sleuths.

Steven Crowder, the right-wing media host famous for spawning the “change your mind” meme after he set up a table at Texas Christian University claiming male privilege was a myth, was one.

“Student loan forgiveness sounds really good for illegal immigrants, people with no life experience, people who don’t have family yet, and people who use preferred pronouns,” he said on Twitter.

Crowder, whose Dallas-based Louder With Crowder LLC is based, had its $71,208 PPP loan debt forgiven.

In 2019, Rep. Roger Williams (R-Cleburne) co-sponsored a resolution in the U.S. House of Representatives that was:

“Expressing the sentiment of the House of Representatives that socialist proposals such as Medicare for All, student loan forgiveness, and the Green New Deal with guaranteed jobs for all, are contrary to core American values ​​of self -responsibility and opportunity, and by guaranteeing these programs as “rights”, we risk giving up our real rights.

Williams, one of the wealthiest congressmen and owner of the JRW Corporation, had $1,432,400 in PPP loans canceled in March of last year.

Even ordinary Texas conservatives have been targeted by the backlash. Pam Hebert of Baytown, a self-proclaimed “typical middle class family, army brat, wife, mother, MAGA,” asked on Twitter “I paid off 2 student loans. Where’s my 20k?

Hebert had a $20,833 PPP loan canceled in October 2021, less than six months after taking out the loan. Proof of his loan forgiveness was shared by popular historical author James Fell, and Hebert has since taken his Twitter account private.

While there are legitimate concerns about the economic effects of the Student Loan Forgiveness Scheme, they pale in comparison to the huge amount of forgiveness provided through PPP loans. It’s hard to reconcile embracing one and opposing the other with a coherent worldview, but Texas conservatives seemed determined to do it anyway, no matter how embarrassing it turned out for them. .