Press ReleaseApril 12, 2024

Job Creators Network Foundation Reacts to Another $7.4 Billion in Student Loan Forgiveness 

Washington, D.C. (April 12, 2024)—On Friday, the Biden administration announced it is canceling an additional $7.4 billion in student debt. Elaine Parker, President of the Job Creators Network Foundation, released the following statement:

“Biden is giving the Supreme Court, Congress, and the American people the middle finger with this illegal college debt forgiveness scheme that was already struck down as unconstitutional last year. The tired exercise represents a blank check to universities that will only cause college costs to rise further—exacerbating the tuition crisis. This is a pure vote buying strategy that does nothing to solve the root problem: unaccountable colleges.”