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Des Moines, IA- President Biden's plan to provide student loan debt relief for Americans with an annual income below $125,000 is getting some strong reactions from Iowa politicians. Radio Iowa reports that Republican Governor Kim Reynolds says Biden isn't canceling student debt, he's shifting the costs to the taxpayer and to those who worked to pay off their loans. Deidre DeJear, the Democrat who's running against Reynolds, says the president took a historic step that will begin to address income inequality and open pathways for financial wellness. Republican Senator Chuck Grassley says he doesn't think the president has the authority to make this move and Grassley says canceling student debt discourages people from keeping their word that they'll repay loans. Mike Franken is the Democrat who's running against Grassley. Franken says the president's plan is a welcome step, including the new sliding scale for repaying student loans that's based on income, but Franken says there's still a need for meaningful legislation to help lower the cost of attending college and trade schools. About half a million Iowans have unpaid student loans. They still owe, in total, over $13 billion as a group on their student loans.

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