In a 6-3 decision, the court’s conservative majority rejected President Biden’s plan to cancel more than $400 billion in student loan debt for millions of borrowers. It would have been one of the most expensive executive actions in U.S. history.
That’s the thing: Congress provided for waiving and modifying student debt in at least two laws. Biden based this action off the HEROES Act of 2003. There is also broad authority to do so in the Higher Education Act of 1965.
Not sure why the HEROES Act was used this time around, but Congress provided for debt forgiveness nonetheless.
Not sure what the “horrible precedent” is with acknowledging that.
That’s the thing: Congress provided for waiving and modifying student debt in at least two laws. Biden based this action off the HEROES Act of 2003. There is also broad authority to do so in the Higher Education Act of 1965.
Not sure why the HEROES Act was used this time around, but Congress provided for debt forgiveness nonetheless.
Not sure what the “horrible precedent” is with acknowledging that.