Department of Education v. BrownAdministrative Procedure Act’s notice-and-comment procedure,Biden’s student loan forgiveness plan is contingent on the Higher Education Relief Opportunities for Students Act of 2003, which allows the Department of Education to modify student financial assistance programs in response to national emergencies to alleviate borrowers’ financial hardship.
“Our debt relief plan is needed to prevent defaults and delinquencies as student borrowers transition back to repayment after the end of the payment pause,” an administration official. “There was a national emergency that impacted millions of student borrowers. Many of those borrowers still face risk of default on their student loans due to that emergency. Congress gave the Secretary of Education the authority under the HEROES Act to take steps to prevent that harm, and he is.
DENIED !!! This will open a can of worms we couldn’t put back in the can ? Next it will be car,credit card,house notes.
The student loan program is predatory and needs to be fixed, as does tuition for State Schools for in state students. Any country should understand that a well educated populace is a benefit. Students should not be financially abused getting an education.
Why not just lower the interest rates to 0% to help pay back what was borrowed
So the minority gets to get bailed out by the majority. Even when the majority doesn’t want it. Feels like the Covid vaccine mandates. Biden’s America
Pay you're own debt! 🤷♂️
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