White House Student Loan ‘Forgiveness’ Not in the Clear, Legal Challenges Could Emerge – Opinion

Bharat Ramamurti (Deputy director, National Economic Council) stated:

“Of course people can challenge actions in court, it happens all the time … It’s going to be up to the courts to decide whether those are valid claims or not. But we believe we’re on very strong legal ground.”

Well, that sounds assuring … as my colleague Bonchie reported, “canceling” student debt is illegal. But since ABC, MSNBC, CNN, and CBS have fallen in line with Biden’s proposal, as they always do, they will do everything possible to convince the public it’s legal to “cancel” student debt and that it will “help millions of people.”

But the White House doesn’t care about those who took out student loans, worked hard, raised a family, and managed to pay off their debt.

Richard Re is a University of Virginia Law Professor.

“It’s an obvious standing hurdle. It seems plausible to me that some plaintiffs could overcome it … If someone can show that this measure will cost them something financially, that would probably be the strongest way to have a challenge be heard on the merits.”

House Speaker Nancy Pelosi, D-CA (House Speaker) stated:

“People think that the president of the United States has the power for debt forgiveness. He does not. Although he has the power to postpone and delay, he doesn’t have the ability to do so. That has to be an act of Congress.”

Her right. This needs to be addressed and the hard-working Americans who pay it should not have to foot the bill.

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