Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Politics

NY Democrat complains about her student debt after SCOTUS ruling, gets slammed for million dollar home

by July 1, 2023
July 1, 2023
NY Democrat complains about her student debt after SCOTUS ruling, gets slammed for million dollar home

Former New York state Democrat Sen. Alessandra Biaggi took to social media Friday to discuss the pricey student loans she had amassed during law school, despite purchasing a $1.14 million home last summer.

‘In 2012, I graduated from Fordham Law School with $180,000 is student loan debt,’ Biaggi wrote in a tweet. ‘I’ve been paying loans for 11 years. Even paid two of them off completely.’

‘In 2023, my balance is $206,000,’ added Biaggi, who represented New York’s 34th district during her three-year tenure in the state Senate.

The remarks from Biaggi — who posed an unsuccessful primary challenge to former Rep. Sean Patrick Maloney, D-N.Y., in the 2022 midterm elections — came nearly one year after it was reported that she and her husband had purchased and moved into a $1,137,500 home located in the state’s 17th Congressional District, which she had hoped to represent in Congress.

Biaggi, 36, and her husband, Nathaniel Koloc, puchased the three-bedroom, two-bathroom home in an upscale suburban area in July 2022, the New York Post reported last year.

The Post also noted that the house was a significant upgrade over Biaggi’s previous residence, a $691,006 condo in Pelham, New York, where she was registered to vote. 

Biaggi’s comments followed a decision from the Supreme Court to strike down President Biden’s student loan-forgiveness plan, with the high court concluding that the White House lacked the legal authorization to provide billions in federal loan forgiveness for borrowers, absent clear authorization from Congress.

The move by the Supreme Court will prevent more than 40 million low- and middle-income borrowers from receiving $10,000 in federal loan forgiveness under the Biden administration’s plan — and is a major defeat for the president on one of his key 2020 election campaign promises.

Several social media users were quick to point out that Biaggi should have paid off her student loans before purchasing the expensive home located in Bedford, New York.

‘You need Dave Ramsey, not Joe Biden,’ Christopher Rufo, a senior fellow at the Manhattan Institute, told Biaggi in a tweet. Ramsey is a prominent radio host who offers financial advice.

Responding to Biaggi, another user wrote: ‘You signed the loan agreement. Didn’t you read it?’

‘She could afford to buy a $1 million home but not pay off $180K of debt,’ Greg Price, communications director for the State Freedom Caucus Network, noted in a tweet.

Offering his perspective on the issue, retired marine and talk show host Jesse Kelly wrote in a tweet: ‘BREAKING: Woman spends more than she makes.’

Originally announced by Biden from the White House last August, the debt-forgiveness plan would have canceled $10,000 of federal student loan debt for certain borrowers making less than $125,000 per year, and up to $20,000 for Pell Grant recipients.

Fox News’ Paul Steinhauser contributed to this report.

Kyle Morris covers politics for Fox News. Story tips can be sent to kyle.morris@fox.com and on Twitter: @RealKyleMorris.

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Justice Roberts uses Pelosi’s words against Biden in smackdown of student loan handout
next post
GOP presidential candidates spar over calls to impeach Biden for alleged meddling in Hunter investigation

You may also like

DEVELOPING: *Active Shooter Situation* – Two Newark Police...

November 1, 2022

Trump gets rare Democrat support for new tariffs:...

April 3, 2025

Feds gave $700M to Planned Parenthood during year...

April 20, 2024

Biden top adviser Anita Dunn leaves White House...

July 30, 2024

RFK Jr attributes rise in autism to environmental...

April 16, 2025

Trump Impeachment Figure Alexander Vindman Goes to War...

November 28, 2022

Christie speculates Trump could make last-minute pledge to...

August 14, 2023

Trump, Haley battle for big donors while Biden...

February 2, 2024

Greene calls for yanking FDA approval of COVID-19...

March 21, 2025

Manchin causes yet another headache for Democrats with...

November 11, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Harmony Squad: Supreme Court Issues Six Unanimous Decisions

      June 5, 2025
    • Quick Login to AmourFactory: A Beginner’s Guide

      June 5, 2025
    • Disabling Trump’s “Tariff Button”

      June 5, 2025
    • ‘Sick puppy’ Tim Walz should never have been on Dems’ 2024 ticket, Trump says

      June 5, 2025
    • Federal judge orders Trump to restore funding to Clinton-era agency gutted by DOGE

      June 5, 2025
    • Musk says Trump would have lost 2024 election without him as ‘Big Beautiful Bill’ feud continues

      June 5, 2025

    Categories

    • Business (8,149)
    • Investing (2,011)
    • Politics (15,535)
    • Stocks (3,128)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved