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.”
Yup. Mitch and The RINOs can’t and won’t do a thing to Biden because they’re all compromised by globalists.
AFAIK, yes...................
Jackson was a Democrat slave holder....................
And the GOPe does nothing while wondering why PDJT gets more popular.
It’s theft from the taxpayer, simply taking from Peter to give to Paul. Theft isn’t impeachable?
Trump will send them a bill - with interest.
“He needs to be IMPEACHED!” At the very least.
Sounds impeachable to me.
Only Trump would such a thing according to many.
No such thing as a canceled student loan it’s a transfer to the tax payer.
Another stage of socialism in action.
We’re not a democracy. Nothing is more important than tossing out illegals, nothing comes close.
You have zero proof that Biden won over college debt issue.
“Is BRIBEme the first simulated president?”
I know what you mean. On TV, he looks and talks like Max Headroom’s demented grandfather.
The Supreme Court can request Merrick get right on this....
A pitifully small amount of total student loans/grants are actually used for actual tuition. It's just money thrown at potential voters which they spend happily.
they prop up universities because they contribute to Dem agendas (climate, woke, etc) and help complete the indoctrination of agenda followers.
I would bet some with loan amounts higher will surprisingly have them cancelled/forgiven too, especially kids of connected Dems.
No Big Deal!
Our communist masters know that the pathetically servile and indolent Aamerican serfs will just continue to roll over and spread their collective cheeks...
3,700,000 Dem votes - coming up!
Them paid off loans will getcha a vote FOREVER!!
Proverbs 22:6
Train up a child in the way he should go, and when they are old they will not turn from it.
Ukraine won’t.
I disagree that it buys loyalty, and they are not children.
They are just extremely selfish and lack accountability.
The ones that eventually make decent income won’t be loyal.
The problem is the ratio of decent income to not decent.
Not long ago, 16 year olds lied to fight in a war.
Now we can’t meet recruitment goals in a country of 340 million.
If we don’t change course, in numerous avenues, the future will be ugly.
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