Marjorie Taylor Greene says student loan forgiveness is 'completely unfair' despite the fact her company had loans worth $183,504 forgiven

Marjorie Taylor Greene
Rep. Marjorie Taylor Greene, a Republican from Georgia.Tom Williams/CQ-Roll Call, Inc via Getty Images
  • Marjorie Taylor Greene has criticized Biden's student loan forgiveness plan announced on Wednesday.

  • Speaking on Newsmax TV, she called the student loan relief "completely unfair."

  • Taylor Greene's company had $183,504 in PPP loans forgiven in April 2020, according to public data.

Marjorie Taylor Greene criticized Biden's student loan forgiveness plans as "completely unfair," despite records showing that her own company had $183,504 worth of Paycheck Protection Program (PPP) loans forgiven in 2020.

The Republican politician and businesswoman was speaking on US conservative news network, Newsmax TV.

On Wednesday, the Biden administration announced plans to forgive $10,000 of student debt for most borrowers, fulling a campaign promise and extending relief to millions of borrowers. Any US residents earning less than $125,000 are set to be eligible for the loan forgiveness.

Video: Biden details student loan relief plan

In her interview, Taylor Greene said the plan was unfair to taxpayers who had never taken out a student loan.

She added that she opposed the student loan program in place in the US, saying: "There should not be a system in place that allows them and encourages them to pile up massive debt in these big colleges and universities."

Data from ProPublica, a tracking site that uses data from the Small Business Association, shows that Taylor Green was one of several Republican members of Congress who had private loans forgiven.

The data shows that the total amount forgiven was $183,504, which represented full forgiveness of the original $182,300 loan plus the accrued interest. The majority of the relief issued in April 2020 was used for payroll, per the data.

The Small Business Association did not immediately respond to Insider's request for comment on the loan. The request was made outside normal working hours.

Taylor Greene's website states that she and her husband Perry Greene bought her family's construction business Taylor Commercial Inc, prior to her election.

Representatives for Taylor Commercial Inc and Marjorie Taylor Greene did not immediately respond to Insider's request for comment made outside of normal working hours.

Taylor Greene also criticized the Biden administration as having a purely political agenda for the student loan plan, telling Newsmax TV that he was looking "to bring in blue votes in November."

Read the original article on Business Insider