“Despite making a six-digit figures over the six years as a congressman, Eric Swalwell (D-CA) has failed to pay down his student loans”
Swalwell is barely registering in polls, but he is still running. He also has some serious college debt.
Eric Swalwell Can’t Manage His Own Finances But He Wants Access To America’s Checkbook
Despite making a six-digit figures over the six years as a congressman, Eric Swalwell (D-CA) has failed to pay down his student loans, cashed out his pension and accumulated credit card debt, the Washington Free Beacon reported.
Between graduating from law school in 2006 and winning a seat in Congress in 2012, Swalwell worked as a prosecutor for Alameda County and a member of the Dublin city council. During his last full year as a prosecutor, Swalwell made $118,548. When he was sworn into Congress in 2013, he began making the typical Congressional member pay of $174,000 a year.
Financial disclosures show Swalwell’s student loan debt, between $50,000 and $100,000, remains at the same levels as when it was first ran for Congress in 2011.
On top of that, Swalwell cashed out his state pension from his time as a prosecutor and councilman, valued between $15,001 and $50,000.
Fast forward to 2016. He reported investing between $15,001 and $50,000 in a Vanguard retirement account but his credit card debt was pretty high. He had between $10,001 and $15,000 charged to his American Express card and between $10,001 and $15,000 in credit card debt with Chase Bank.
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