Biden says Black, Hispanic student loan borrowers 'don't own their homes' while touting $300 billion handout
Fox News
President Biden was slammed on social media for saying Black and Hispanic student loan borrowers "don't own their homes" while selling his $300 billion handout to the American people.
Joseph A. Wulfsohn is a media reporter for Fox News Digital. Story tips can be sent to joseph.wulfsohn@fox.com and on Twitter: @JosephWulfsohn.
During his sales pitch to the American people, Biden listed how outstanding student loans have become a financial burden, stressing the impact it has on minorities.
"The burden is especially heavy on Black and Hispanic borrowers, who on average have less family wealth to pay for it. They don't own their homes to borrow against to be able to pay for college," Biden said.
President Biden is making a last-ditch effort to cancel more student debt before the end of his term, one of his final attempts to erase the loans after facing years of setbacks.
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