The Democrat Plan to Redistribute Wealth to the Wealthier
27th September 2026
Two hypothetical college graduates who are married now have a combined annual income of $240,000; they each earn $120,000 per year.
Should an American who graduated from high school but never went to college—and who now works as a delivery truck driver, earning $43,950 per year (the median annual earnings for that job) be forced to help pay off the federal student loans of these two college graduates who make $240,000?
If former President Joe Biden had gotten his way, that truck driver and other hardworking American taxpayers would indeed have seen their tax dollars help pay off those loans.