Supreme Court Strikes Down Biden’s Student Loan Forgiveness Plan
The Supreme Court struck down President Biden’s program writing off hundreds of billions of dollars in federally held student loan debt Friday, ruling that the commander-in-chief had overstepped his executive authority.
On the last day before the high court’s summer recess, the six conservative justices ruled the $400 billion plan could not use a 2003 law meant to help veterans of the Iraq and Afghanistan wars as a vehicle to implement the program.
Instead, Chief Justice John Roberts wrote for the majority, the law allows the Education Department to only “waive or modify” existing programs implemented under the federal Education Act of 1965, not “rewrite that statute from the ground up.”
“The question here is not whether something should be done; it is who has the authority to do it,” the chief justice added. “So too here, where the Secretary of Education claims the authority, on his own, to release 43 million borrowers from their obligations to repay $430 billion in student loans. The Secretary has never previously claimed powers of this magnitude”.
Roberts added that the administration had fallen short of demonstrating that it had “‘clear congressional authorization’ to justify the challenged program.” (Read more from “Supreme Court Strikes Down Biden’s Student Loan Forgiveness Plan” HERE)
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