Trump claims the country is running low on resources, saying, "The arsenals are empty, the stockpiles are bare, the Treasury is drained, the ranks are being hollowed out."
An analysis from the University of Pennsylvania's Penn Wharton Budget Model found that Biden's income-driven student loan repayment program may cost upwards of $559 billion over ten years.
Biden's earlier student debt relief plan, which proposed $10,000 debt relief for low-to-middle-income borrowers and $20,000 for Pell Grant recipients, was deemed unconstitutional by the Supreme Court in a 6-3 ruling.