A group of Republican governors, led by Iowa’s Kim Reynolds, penned a letter to President Joe Biden on Sept. 12, saying his student loan forgiveness plan shifts the burden from the rich to “working Americans.”
The letter (pdf), signed by 22 governors, notes that Biden’s unprecedented debt cancellation plan means every U.S. taxpayer will bear an extra burden of $2,000. The governors said the price was unaffordable for residents in their states amid sky-high inflation.
