Student Loan Forgiveness: Supreme Court Strikes Down Biden’s Debt Forgiveness Plan

3 years ago by jeffreybaird to c/main

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.

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tallwookie -65 points 3 years ago

unsurprising, it was basically judged as setting a horrible precedent from the beginning.

go into debt? you pay your debt. full stop, end of discussion.

want to change that? get congress to change how laws work

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Sooperstition 22 points 3 years ago

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.

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