Utah leader says student loan forgiveness plan will hurt everybody
Sep 15, 2022, 9:00 PM
Sen. Mike McKell, R-Spanish Fork, told KSL NewsRadio on Thursday that the student loan forgiveness plan will hurt everybody. (Kirstin Murphy/Deseret News)
(Kirstin Murphy/Deseret News)
SALT LAKE CITY — Gov. Spencer Cox was among 22 governors around the country who signed a joint letter asking the Biden Administration to immediately withdraw the student loan debt forgiveness plan.
The plan would cost taxpayers $2,000 each.
Utah Sen. Mike McKell (R-Spanish Fork) told Dave and Dujanovic on Thursday that the plan hurts everybody.
“The impact is much, much broader than that,” McKell said. “It’s people like you and I who may have paid back our student loans. It’s those individuals who went to tech school that didn’t take out a student loan, took a different path. That’s who the impact is really going hit the hardest overall.”
Mark Jones contributed to this article.
Dave & Dujanovic can be heard weekdays from 9 a.m. to noon. on KSL NewsRadio. Users can find the show on the KSL NewsRadio website and app, a.s well as Apple Podcasts and Google Play.
Read more:
- Utah leaders respond to President Biden’s student loan forgiveness plan
- Taxpayer advocate says president alone should not have power to cancel student loan debt
- How will forgiving student loan debt impact the economy?
- What to do now that your student loan debt just shrunk by $10,000?
