Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Zenger
Zenger
Business
Bibhu Pattnaik

Florida Governor DeSantis’ Book Deal Nets Him $1.25 Million, Boosting Net Worth

NORTH CHARLESTON, SC - APRIL 19: Florida Governor Ron DeSantis signs copies of his new book at the North Charleston Coliseum on April 19, 2023 in North Charleston, South Carolina. The Governor's appearance marks his first official visit to the First in the South presidential primary state amid mounting anticipation of his 2024 presidential candidacy.A new financial disclosure form reveals that Florida Governor Ron DeSantis made $1.25 million from his book deal. PHOTO BY SEAN RAYFORD. 

A new financial disclosure form reveals that Florida Governor Ron DeSantis made $1.25 million from his book deal. 

According to the disclosure, DeSantis experienced a notable surge in his net worth, which soared to $1.17 million by the conclusion of 2022. This represents a significant leap from his previous net worth of around $319,000 in 2021.

DeSantis’ financial disclosure was released to the public on Friday, coinciding with the Supreme Court’s decision to invalidate President Joe Biden’s student loan forgiveness program. A report by Insider pointed out that the governor reduced the outstanding balance of his student loans, decreasing it from $21,284.92 to $18,628.66.

TITUSVILLE, FLORIDA – FEBRUARY 28: In this photo illustration, Florida Governor Ron DeSantis’s book “The Courage to Be Free: Florida’s Blueprint for America’s Revival,” for sale in a store on February 28, 2023 in Titusville, Florida.According to the disclosure, DeSantis experienced a notable surge in his net worth, which soared to $1.17 million by the conclusion of 2022. This represents a significant leap from his previous net worth of around $319,000 in 2021. PHOTO BY JOE RAEDLE/GETTY IMAGES 

DeSantis, one of Trump’s opponents in the Republican primary, previously suggested holding universities accountable for their students’ loan defaults, CNN reported

In an effort to address the ever-increasing nationwide student loan debt, which reached $1.6 trillion last year according to the Federal Reserve Bank of New York, DeSantis proposed a solution that, he said, would compel universities to reevaluate their approach to equipping students for the job market.

“If somebody defaults, the university should pick it up,” CNN quoted him saying. “If they were on the hook for it, they would make sure the curriculum was designed to produce people that can be very productive. You’d have a heck of a lot less gender studies going on.”

Last month, a coalition of Senate Republicans introduced a series of bills aimed at tackling the issue of rising higher education expenses.

Meanwhile, on Friday, Biden criticized Republicans who opposed his roughly $400 billion student loan forgiveness program.

“We all supported the paycheck protection program, remember?” Biden told reporters. “It was a worthy program, but let’s be clear, some of the same Republicans, members of Congress, who strongly opposed giving relief to students got hundreds of thousands of dollars themselves in relief.”

 

Produced in association with Benzinga

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.