Republican lawmaker: Plan to #CancelStudentDebt 'is immoral'

Republican lawmaker: Plan to #CancelStudentDebt 'is immoral'
© Greg Nash

Rep. Dan CrenshawDaniel CrenshawABC News mocked for 'peaceful demonstration intensified' report The Memo: Muted conventions may scramble 2020 race The Hill's Coronavirus Report: Fauci says focus should be on pausing reopenings rather than reverting to shutdowns; WHO director pleads for international unity in pandemic response MORE (R-Texas) called a proposed plan by Democrats to cancel student debt is "immoral" Tuesday and said it places a burden on taxpayers who did not attend college. 

"When you say #cancelstudentdebt, you're saying a minority of people who had the advantage of obtaining a degree should have their debt paid off by hardworking taxpayers, 2/3 of whom don't have degrees themselves, or already paid their own student debt off," Crenshaw said. "This is immoral."

Crenshaw's comments came a day after Sen. Bernie SandersBernie SandersGOP lawmaker: Democratic Party 'used to be more moderate' 4 reasons why Trump can't be written off — yet Progressives lost the battle for the Democratic Party's soul MORE (I-Vt.), a top-tier 2020 presidential candidate, rolled out legislation to cancel $1.6 trillion in outstanding student debt for 45 million borrowers. 

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The legislation is co-sponsored by Reps. Ilhan OmarIlhan OmarTrump holds mini-rally at Florida airport Tlaib opens up about why she hasn't endorsed Biden yet The Hill's Campaign Report: Campaigns prepare for homestretch run to Election Day MORE (D-Minn.) and Pramila JayapalPramila JayapalMatt Stoller: Big tech House grilling the most important hearing on corporate power since the 1930s Hillicon Valley: House panel grills tech CEOs during much anticipated antitrust hearing | TikTok to make code public as it pushes back against 'misinformation' | House Intel panel expands access to foreign disinformation evidence Five takeaways as panel grills tech CEOs MORE (D-Wash.). Rep. Alexandria Ocasio-CortezAlexandria Ocasio-Cortez,200 may be enough in Mitch McConnell's hometown of Louisville, but not in most US cities Democrats go big on diversity with new House recruits Progressives lost the battle for the Democratic Party's soul MORE (D-N.Y.) also backs the bill and spoke in favor of it at a press conference Monday. 

Sanders said the plan would be entirely funded by a Wall Street tax. 

"During the financial crisis, Wall Street received the largest taxpayer bailout in American history. Now it is Wall Street’s turn to help rebuild the disappearing middle class," Sanders tweeted Monday. 

The Hill has reached out to Sanders, Omar, Jayapal and Ocasio-Cortez for comment. 

Sen. Elizabeth WarrenElizabeth Warren4 reasons why Trump can't be written off — yet Here are top contenders to be Biden's VP Kamala Harris to young Black women at conference: 'I want you to be ambitious' MORE (D-Mass.), a fellow progressive in the presidential primary, announced legislation to cancel student debt earlier this month. 

Warren's plan would forgive up to $50,000 in student loan debt for anyone with a total household income below $100,000. She's said a wealth tax would pay for the debt forgiveness.