Posted on 01/19/2024 6:05:09 AM PST by Red Badger
On Friday, the Biden administration announced they were canceling the loans of another 74,000 student loan borrowers, hiking the total number of people who have gotten their debt canceled to over 3.7 million Americans.
The Biden administration has been ignoring the Supreme Court, which struck down Biden’s student loan relief plan last June, because it had not been approved by Congress. The Supreme Court’s 6-3 decision resulted from the six conservative justices voting to strike down the plan while the three leftist justices opposed them. The Biden administration had cited the 2003 Higher Education Relief Opportunities for Students Act (HEROES Act) to buttress its argument in favor of the student loans, as it stated the loans were permitted in case of a “national emergency,” but Chief Justice John Roberts said the 2003 act was “clearly before a department secretary can unilaterally alter large sections of the American economy.”
In announcing the new student loan recipients, President Biden claimed his administration was acting legally, “My Administration is able to deliver relief to these borrowers – and millions more – because of fixes we made to broken student loan programs that were preventing borrowers from getting relief they were entitled to under the law. Today’s announcement comes on top of all we’ve been able to achieve for students and student loan borrowers in the past few years.”
“And, in the wake of the Supreme Court’s decision on our student debt relief plan, we are continuing to pursue an alternative path to deliver student debt relief to as many borrowers as possible as quickly as possible,” he stated, adding, “From Day One of my Administration, I vowed to improve the student loan system so that a higher education provides Americans with opportunity and prosperity – not unmanageable burdens of student loan debt. I won’t back down from using every tool at our disposal to get student loan borrowers the relief they need to reach their dreams.”
The 2003 Heroes Act, which came after the U.S. went to war following the 9/11 attacks, stated that the Secretary of Education could “waive or modify any statutory or regulatory provision applicable to the student financial assistance programs under title IV of the [Education Act] as the Secretary deems necessary in connection with a war or other military operation or national emergency.” The Secretary could issue such waivers or modifications only “as may be necessary to ensure” that “recipients of student financial assistance under title IV of the [Education Act affected by a national emergency] are not placed in a worse position financially in relation to that financial assistance because of [the national emergency].”
The majority opinion of the Court asserted, “The text of the HEROES Act does not authorize the Secretary’s loan forgiveness program. The Secretary’s power under the Act to ‘modify’ does not permit ‘basic and fundamental changes in the scheme’ designed by Congress. MCI Telecommunications Corp. v. American Telephone & Telegraph Co., 512 U. S. 218, 225. Instead, ‘modify’ carries ‘a connotation of increment or limitation,’ and must be read to mean ‘to change moderately or in minor fashion.’ That is how the word is ordinarily used and defined, and the legal definition is no different.”
Well, it’s known that the Supreme Court is not a law-enforcement agency, and whatever law-enforcement agencies are applicable, are all controlled by the Biden administration and democrats. Congress can only issue warnings and platitudes, and as we’ve all seen, powerless under republican control.
Yep.
Bankrupt America.
BO all over this.
Just following the Hugo Chavez playbook in ignoring the Supreme Court. And the court won’t do anything about it. Wait until the SC finally gets around to addressing the fraudulent elections. The left will ignore the court on that as well.
This is all campaign propaganda aimed at the stupid edumacated people. It only applies to $12k or less loans that have been paid down for 10 consecutive years. Those loans are either paid off or very close to it.
Now they put out the number 74,000 soon to be freeloaders. But they have yet to put out the dollar amount. It must be conspicuously low. They are waiting for the court to put a stay on it so they can campaign on loan forgiveness. Most of the 43 million who have student debt will think they were in this group of 74,000 but very very few are.
It’s all for talking points, sound bites, and EV bumper stickers.
EC
“The Biden administration had cited the 2003 Higher Education Relief Opportunities for Students Act (HEROES Act)”
Article I, Section 8
“The Congress shall have power
...
to raise and support armies, but no appropriation for that use shall be for a longer term than two years”
And Revcom preprinted protest signs.
EC
Chief Justice John Roberts said the 2003 act was “clearly before a department secretary can unilaterally alter large sections of the American economy.”
I’m guessing, but I suspect that most of the folks who have high student loan amounts are democrats and will vote that way regardless. Rather than boosting his campaign, these sweet deals are infuriating the rest of the voters.
This is $5 billion.
Money spent on Ukraine, $150 billion.
Money spent on illegals last year, $150 billion.
The 300 billion doesn’t benefit any American, yet the gripe is stronger on this.
This will be important when SCOTUS rules that Trump's name belongs on all the ballots and individual state secretaries ignore the ruling.
He’ll definitely lock himself in the White Hut and declare martial law. Saturday morning FIB raids at your house will become the norm. Better start buying those day old donuts on Saturday.
“He needs to be IMPEACHED!”
Biden needs to be ordered by a federal court to pay it back using his and his wife’s assets.
Impeachment of presidents needs to have the Supreme Court (or nine persons named by each of the justices) acting as the jury.
“The 300 billion doesn’t benefit any American, yet the gripe is stronger on this.”
Bribing student loan holders is a great threat to our democracy.
Offering bribes to student loan holders put Biden in the Oval Office.
I asked here repeatedly in 2020 that Biden be arrested and put on trial for voter subornation.
Absolutely.
How many F-15s and nukes does he have anyway?
Sounds to me like contempt of court. Send out the bailiffs and arrest the sucker.
“most of the folks who have high student loan amounts are democrats and will vote that way regardless”
The IRS normally makes Republicans out of Democrats.
Liberals and illegals. Thousands of illegal senorita princesses who worked their way through law school to become “immigration lawyers” and onto immigration “judges” laps.
Those 74k are going to be in for a shock when those loans are reinstated with added interest.
Impeach or STFU.
Perhaps a FReeper with a good background in history can confirm this, but isn’t Biden the first US president since Andrew Jackson to openly defy a ruling by SCOTUS?
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