The Biden administration is gearing up for a potential "October Surprise" with a new student loan cancellation plan, aiming to shift debt to gain voter favor.
Despite previous court losses on student loan cancellation, the administration appears to be strategizing to implement a loan-forgiveness plan that circumvents legal challenges.
The Department of Education's approach to unilaterally canceling $147 billion in loans raises significant legal concerns, with experts asserting that such actions require Congressional approval.
Former Speaker Nancy Pelosi emphasized that student debt forgiveness rests not in presidential authority but necessitates Congressional action, highlighting the potential legality issues of the administration’s plans.
Collection
[
|
...
]