Is Biden forgiving student loans even legal?

5,799 Views | 83 Replies | Last: 3 yr ago by TxTarpon
Ramdiesel
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They (the DEMs) probably know it's not legal, it's the biggest financial action ever taken by a President via executive order. The biggest handout/ freeby ever...They probably know it will never make it through a SCOTUS trial, but they want that midterm election bump...
WestAustinAg
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Every time the government gets invoked it politicizes the job it is supposed to do. That only works for Dems.

Bush was given complete latitude do decide who and how student loans could be forgiven and now that is being used to raid the treasury and provide campaign money to buy votes.
Texasaggie32
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No. The right needs to block this.
AzAg80
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Finding a party with standing? How about...
-- everyone who pays taxes
-- everyone impacted by higher inflation and spiraling national debt
-- and most of all, everyone who paid off their student loan or worked so they didn't have to take out a loan

If these don't qualify as standing then the system is broke, but we already knew that
fasthorse05
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Y'all, I thought this administration was using the HEROES act to attempt to get around any legal issues.

I'd not heard about this before. I'm sure others here will be informed.

Explanation of legal maneuverings
TRM
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Bad link.
fasthorse05
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Bah humbug.

Thanks, I'll see what I can do

file:///C:/Users/hsanterr/Desktop/secretarys-legal-authority-for-debt-cancellation.pdf or try this one.

It's a decent read, but seems to have difficulty pasting. I sent this first one in case you have to copy and paste into the browser.
TRM
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That's still a bad link. You're linking to a file on your computer we don't have access to.
TRM
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I think this is the PDF you're trying to share.

https://www2.ed.gov/policy/gen/leg/foia/secretarys-legal-authority-for-debt-cancellation.pdf
fasthorse05
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Got ya.

If I think it provides value, I'll try later on when I get the hell outta here.

Gracias.
IndividualFreedom
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Quote:

PPP was Trump's idea
Ok, but whose decision was it to forgive the loans and allow companies to not pay them back?

Teslag
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The Trump administration. It was always part of the PPP plan.
TxTarpon
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Quote:

Ban student loans at this point until the system is fixed.
And cut off the cash cow for most colleges and universities?
TxTarpon
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IndividualFreedom said:

Quote:

PPP was Trump's idea
Ok, but whose decision was it to forgive the loans and allow companies to not pay them back?
Everyone who voted for it and and Trump who signed it.*



*Additionally supported by everyone who received a loan and had it forgiven.
 
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