Rep. Jamaal Bowman (D., N.Y.) has repeatedly called for the total cancellation of student debt. The “Squad” member would stand to make a quarter-of-a-million-dollar windfall if that happened.
Bowman earlier this year urged the cancellation of “all” student debt, claiming that student borrowers have been “preyed upon” by the education system. Last year, he called on President Joe Biden to wipe out $1.75 trillion in existing student loans and asserted that college education “should be free.”
The liberal Democrat’s advocacy raises conflict of interest concerns given his own hefty student loan tab, which Bowman accrued after receiving bachelor’s, master’s, and doctoral degrees.
Bowman owes $250,000 in federal student loans—$220,000 for his own degrees and $30,000 in loans for his children, according to his annual financial disclosure. Bowman received undergraduate, master’s, and doctoral degrees from the University of New Haven, Mercy College, and Manhattanville College, respectively.
The “Squad” member has cited his student debt to argue in favor of cancellation, stating that he is “one of the very few Black PhD holders in America.”
“I had to take out thousands in student…