fbpx
Published August 25, 2022

Burgum on Biden Plan: "Reckless"

Written by
The Dakotan
| The Dakotan
North Dakota Gov. Doug Burgum (Photo: Kim Fundingsland/The Dakotan)
North Dakota Gov. Doug Burgum (Photo: Kim Fundingsland/The Dakotan)

Burgum releases statement on President Biden’s student loan debt cancellation plan  

BISMARCK – Gov. Doug Burgum today (August 25), released the following statement regarding President Biden’s student loan debt cancellation plan. 

“Instead of focusing on reducing the rising costs of higher education, the President’s blatantly political and financially reckless plan will only incent institutions to raise tuition prices even faster while also encouraging more student borrowing and driving up inflation even further, hitting every American in the pocketbook whether they attended college or not,” Burgum said. “This horribly misguided and incredibly unfair plan undermines a core American principle that individuals are responsible for paying off their own personal debts. This federal action will not affect student loans held by the Bank of North Dakota, and we would strongly oppose any copycat legislation at the state level. North Dakotans, like the majority of Americans, believe shifting college student loan debt onto the backs of their fellow citizens is fundamentally wrong.” 

Stay connected to the latest news
Subscription Form (#3)

About the Author

Trending Now
The Dakotan Newsletter
Subscribe to get the latest news delivered straight to your inbox
Newsletter Form (#4)
© AndMuse, LLC 2024 Login Email
LIVE: 2022 Minot Mayoral Forum
Click to Watch Live
cross
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram