Wyoming Sen. Cynthia Lummis is not a fan of President Biden's plan to cancel some college loan debts for U.S. borrowers.

The president last week announced that borrowers who make less than $125,000 per year could have up to $10,000 in debt forgiven. Pell grant recipients could get an additional $10,000 canceled. Only people making less than $125,000 per year, or $250,000 for couples filing jointly, would be eligible. The White House says about $43 million borrowers might be eligible for some forgiveness under the plan, with roughly 20 million getting their entire college loan debt erased.

Lummis recently posted these comments on her Facebook page:

“People in Wyoming know there’s no such thing as a free lunch, and cancelling student debt amidst record high inflation will only throw fuel on the fire,” said Senator Lummis. “Any notion that there’s no cost to wiping out billions of dollars of debt is flat out wrong. According to the Penn Wharton Budget Model, this reckless decision will add an additional $300 billion to our national debt, thereby driving the cost of everyday goods even higher. This is incredibly unfair to the hardworking people of Wyoming who will be forced to foot the bill for the richest 40 percent of Americans who carry 60 percent of student loan debt.”


A Historic Hike To Wyoming's Outlaw Cave

The drive into the canyon is quite the beautiful drive. It's not too far from Kaycee, but you'll need a vehicle with good clearance and suspension. When you arrive to the Outlaw Cave Campground, you're mind is blown from the size of the canyon. The drive and hike are worth every minute spent on the road to get there.


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