US judge in Texas strikes down President Biden’s student loan forgiveness plan

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A U.S. judge in Texas on Thursday blocked President Joe Biden’s plan to provide millions of borrowers with federal student-loan forgiveness.

President Joe Biden speaks about student loan debt relief at Delaware State University, Friday, Oct. 21, 2022, in Dover, Del. A U.S. judge in Texas on Thursday, Nov. 9, 2022, blocked Biden's plan to provide millions of borrowers with up to $20,000 apiece in federal student-loan forgiveness.

He added: “The Court is not blind to the current political division in our country. But it is fundamental to the survival of our Republic that the separation of powers as outlined in our Constitution be preserved.”The debt forgiveness plan would cancel $10,000 in student loan debt for those making less than $125,000 or households with less than $250,000 in income. Pell Grant recipients, who typically demonstrate more financial need, would get an additional $10,000 in debt forgiven.

While the stay temporarily stopped the administration from actually clearing debt, the White House has encouraged borrowers to continue applying for relief, saying the court order did not prevent applications or the review of applications. As of late October, more than 22 million borrowers had applied for debt relief.

The administration argued that the student loan relief was thus authorized as a means of dealing with the national emergency of the pandemic. Pittman disagreed, finding that a program of such massive import required clear congressional authorization. The HEROES Act “does not provide the executive branch clear congressional authorization to create a $400 billion student loan forgiveness program,” he wrote.

 

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Is mortgage forgiveness coming prior to the next election?

His illegal scheme to buy votes. There I fixed it.

Texas can piss off

No, the judge determined it is UNCONSTITUTIONAL. It's spending not originating in the House.

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US judge in Texas blocks President Biden's student debt forgiveness planThe injunction is the second to block the president's signature program, which could cut or eliminate student loan debt for up to 40 million people. The illegal vote-buying scheme meets it's predictable end Pay what you owe
Source: DispatchAlerts - 🏆 72. / 68 Read more »