Rep. Alexandria Ocasio-Cortez praised President Joe Biden's student loan bailout plan on The Late Show with Stephen Colbert, highlighting benefits such as relieving debt and enabling travel abroad. The plan is expected to transfer billions of dollars of student debt to American taxpayers.
Key Points
AOC highlighted benefits of Biden's plan on The Late Show with Stephen Colbert
The plan is seen as an attempt to appeal to young voters
Critics view the plan as a burden on taxpayers
Pros
Relieving student loan debt for 30 million borrowers
Offering hope for homeownership, starting a family, travel, and education
Cons
Potential burden on American taxpayers
Criticism of the plan as a ploy to win over young voters