Starting next month, borrowers enrolled in SAVE who took out less than $12,000 in loans and have been in repayment for 10 years will get their remaining student debt cancelled immediately.
Starting next month, borrowers enrolled in SAVE who took out less than $12,000 in loans and have been in repayment for 10 years will get their remaining student debt cancelled immediately.
Due to the SCOTUS ruling, any debt cancellations have to be pretty limited in scope to survive legal oversight. I honestly really respect Biden continuing to chip away at the issue where he still can instead of just giving up after the SCOTUS loss. It doesn’t magically solve all problems for all people, but for the people affected, this is a massive help.
Due to the incorrect, illegitimate, political SCOTUS ruling.
Just feel a need to add that emphasis.
The SCOTUS’s entire “major questions” principle is entirely unconstitutional. They do not have the right to selectively decide when laws do and don’t apply based on their own subjective judgement on the effect of those laws.
Congress passed the HEROS act. It is and remains law. It gives the DoE full authority to modify or cancel student debts during a state of emergency, which we were in. There is absolutely no reasonable question that the Biden administration had the authority to do that cancellation that the SCOTUS ruled against. The SCOTUS was legislating their preferences from the bench. The legal backflips they did claiming the partial cancellation was neither a modification nor cancellation is absolutely absurd and shameful.
Revive the Judicial Procedures Reform Bill.