The Supreme Court has once more slapped President Biden’s side after his most recent attempt to evade the Constitution and accept tens of billions of dollars in student loan debt was blocked.
Advertisement
” We wo n’t stop fighting against Republican elected officials ‘ efforts to increase the costs of millions of their own constituents ‘ student loan payments,” according to White House spokesman Angelo Fernandez Hernandez.
What started out as a powerful vote-buying campaign in 2022 has since become a” student loan strike” as more than half of student loan lenders have stopped making payments on their debts. Biden’s defiance of the legislation has created a problems.
11 Democratic state contested the Protect system when it first launched in June 2023. By using compassion rather than payments, the program goes against the Constitution. Biden has searched unsuccessfully for a legal fix for two years. The Supreme Court has rejected every programme he’s started to accept student loan debt.  ,
The Biden presidency tried an end-around based on the court’s next decision that his intentions were illegal. According to Attorney General Elizabeth B. Prelogar, the new strategy “relies on a different act with different language to provide a unique set of consumers with various support from the one-time product forgiveness the judge held irrelevant.”
Advertisement
The 2003 Higher Education Relief Opportunities for Students Act, or HEROES Act, was used in the old program. The secretary of education was empowered by that law to veto regulations to protect borrowers who were the subject of” a war or another military operation or regional emergency.”
The Supreme Court ruled 6 to 3 in its June, 2014, selection that the 2003 rules did not permit forgiving the money in dispute. That same day, Mr. Biden vowed to find other ways to provide debt reduction.
” Today’s selection has closed one path”, Mr. Biden said finally. ” Today we’re going to pursue another”.
As the legal troubles worked their way through the courts, Biden had now stopped reimbursing student loans to those who were eligible for the Protect system. Did those lenders ever resume making loan repayments?
Thousands of lenders have refused to pay off loans as a result of Biden’s ongoing defiance of the Supreme Court. Some always restarted their settlement after the “moratoriums” during the crisis. Perhaps an organization has been established to pressure consumers to never pay back what they owe.
The Debt Collective claims that because Biden “promised” to cancel the debt, they do n’t owe anything.
” I refuse to pay a bill the president promised to cancel”, it says on the group’s website, adding that” Until the senator uses his executive power to reschedule debts, I am going on bill attack”. They assert that” the government can easily pay off our debt” and that we do n’t need it.
Advertisement
Ah, the absolute foolishness of Gen Z.
An editor from the New York Sun from August of last year explains.
This overlooks the estimated$ 475 billion price tag of Mr. Biden’s loan forgiveness. All citizens would bear the cost of paying off the debt easily incurred by the majority of Americans who pursue higher education. Vox, which observes the White House “urging people to start paying their debts this drop” and” together telling thousands of debtors their money will be completely forgiven, takes note of the confusion put by Mr. Biden.”
It’s clear that Biden and the Democrats are n’t interested in obeying the Constitution. They are interested in figuring out a way to stop it. And they will continue to try to accept student loan debt, whether or not it is legal.
