GOP disruptor counters Biden's student loan bailouts with plan to shift costs away from taxpayers

This material may not be published, broadcast, rewritten, or redistributed. ©2026 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions. Legal Statement. Mutual Fund and ETF data provided by LSEG. Florida Republican congressional candidate Michael Carbonara is proposing a student debt relief plan that rejects former President Joe Biden's forgiveness model. EXCLUSIVE: Michael Carbonara, a Republican running in the Sunshine State as a political disruptor to unseat longtime Democratic incumbent Rep. Debbie Wasserman Schultz, is pitching an idea to reduce the crippling student loan debt crisis facing the country without shifting the burden to taxpayers. In an interview with Fox News Digital, Carbonara lamented that as America marks its 250th anniversary, "the idea of the American dream has been slipping away" for many young Americans. He criticized Democrats for promoting affordability while proposing solutions that amount to increased taxes. "This is the first time where the next generation actually has less opportunity and less freedom than thei