Bernie Sanders pushes back on Romney's comments bashing student-loan forgiveness: 'I know he thinks corporations are people, but does he know people are people?'

Authored by and submitted by itsbuzzpoint

After Sen. Romney called student-loan forgiveness a "bribe," Sen. Sanders pushed back.

"I know he thinks corporations are people, but does he know people are people?" Sanders said.

Romney later told NBC that Sanders "needs to go to Econ 101," amid news Biden will soon decide on debt relief.

Sign up for our weekday newsletter, packed with original analysis, news, and trends — delivered right to your inbox. Loading Something is loading. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy

Democratic Sen. Bernie Sanders and Republican Sen. Mitt Romney don't see eye-to-eye when it comes to canceling student debt.

On Wednesday, after President Joe Biden had indicated to some Democratic lawmakers that he is open to forgiving at least $10,000 in student debt, Romney called the relief a "bribe" for voters. Sanders — an advocate for complete student-loan forgiveness — didn't agree.

"Mr. Romney supports 'bribes' in the form of tax cuts for the wealthy and billions in welfare for corporations, but is shocked by the idea that working Americans might get help paying off student debt," Sanders wrote on Twitter on Thursday. "I know he thinks corporations are people, but does he know people are people?"

Romney later told an NBC News reporter that Sanders "needs to go to Econ 101. And I keep suggesting that's a good idea, that it'd be helpful for him to understand that money does not grow on trees."

The student-loan forgiveness debate has been buzzing this week, with both Republican and Democratic lawmakers on high alert. After a speech on Ukraine aid on Thursday, Biden told reporters that he will "have an answer" on student-debt relief in the coming weeks. He noted that $50,000 in relief is off the table, but he's considering some form of debt forgiveness prior to the resumption of student-loan payments after August 31.

Republicans have consistently slammed the notion of student-loan forgiveness due to its cost to taxpayers and the economy. Sen. Susan Collins of Maine criticized the potential Biden move on Thursday, arguing any debt relief would be unfair to people who paid it back.

Sanders and his Democratic colleagues have maintained forgiving student debt will be an economic stimulus and benefit those who need it the most. "This is a problem in our society," Sen. Brian Schatz of Hawaii told Insider. "We should fix it."

silent_thinker on April 29th, 2022 at 03:33 UTC »

People? You mean human capital?

justin_quinnn on April 29th, 2022 at 00:23 UTC »

Rules for thee and not for me, evidently

1P_Bill_Rizer on April 28th, 2022 at 23:39 UTC »

Desperate polls call for desperate measures: Dems consider forgiving trillions in student loans. Other bribe suggestions: Forgive auto loans? Forgive credit card debt? Forgive mortgages? And put a wealth tax on the super-rich to pay for it all. What could possibly go wrong?

Interesting that Mr. Romney seems to have left out medical debt in his little rant. Suppose we don't need any reminders of how ethically fucked and simultaneously endorsed by Romney that situation is.

Forgive mortgages?

In America we don't forgive mortgages, just the irresponsible bank lenders who rampantly issued subprime mortgages to roll into bonds.

Does Romney remember that the entire reason they are sent to Washington is the expectation they will take action that materially improve the lives of the working class and their constituents, not just their donors?