In the News — Fox News
Fox News: Carbonara Proposes Student Debt Relief Plan That Holds Universities Accountable, Not Taxpayers
Fox News Digital featured Michael Carbonara’s plan to tackle the student loan debt crisis — a proposal that breaks sharply from the Biden-era forgiveness model by placing responsibility on universities rather than American taxpayers.
“The idea of forgiveness, we have to throw that idea out, there’s no forgiveness here. It’s the university’s responsibility to step up to fix the dilemma.”
— Michael Carbonara, in an interview with Fox News Digital
In the exclusive interview, Carbonara argued that government subsidies are the root cause of skyrocketing tuition costs. Rather than forgiving debt and passing the bill to taxpayers, his plan would require universities — the institutions that benefited from guaranteed government-backed tuition payments — to take responsibility for the crisis they helped create.
Carbonara, a fintech leader and business executive running to unseat longtime Democratic incumbent Rep. Debbie Wasserman Schultz in Florida, framed the issue as a generational crisis threatening the American Dream.
