When the Supreme Court struck down Biden’s first half-trillion-dollar student debt amnesty in June, that should have been the end of the story. If Biden and the Democrats want to create a new debt forgiveness program, they should go through Congress, as the Constitution clearly requires them to do.But to avoid getting caught flat-footed, as he was after the Dobbs decision overturned Roe v. Wade, Biden was ready with a “Plan B” to announce the very day the court issued Biden v. Nebraska.
This means Biden is sending college debtors two conflicting messages. On the one hand, the debt limit deal he agreed to in May requires the Department of Education to start collecting student loan payments this September. Education Secretary Miguel Cardona has promised a “smooth return to repayment process” in light of the signed deal.
Considering that Biden is telling borrowers he will soon unveil regulations that may wipe out their debt entirely, why would any of them make payments again, as is required by law, this September? Biden's debt ceiling deal was a bait-and-switch con.