Loan Forgiveness Overruled
-
Posts
-
July 3, 2023 at 2:33 pm
Father, Thank You for this decision! Praise be unto you. Forever be your holy name exalted. Keep the government from misusing our taxpayer funds! In the mighty name of JESUS 🙏🏻❤️🕊
July 3, 2023 at 2:38 pmBiden’s executive powers don’t allow use taxpayer funds to pay off billions in student loans. This Supreme Court ruling is a huge win for the Constitution.
July 3, 2023 at 2:44 pmIn a stinging defeat for the Biden administration, the U.S. Supreme Court ruled Friday that the COVID-era HEROES Act did not give the White House authority to unilaterally forgive federally subsidized student loans.
July 3, 2023 at 2:57 pmChief Justice John Roberts wrote for the 6-3 majority, saying, “The Secretary asserts that the HEROES Act grants him the authority to cancel $430 billion of student loan principal. It does not. We hold today that the Act allows the Secretary to ‘waive or modify’ existing statutory or regulatory provisions applicable to financial assistance programs under the Education Act, not to rewrite that statute from the ground up.”
July 3, 2023 at 2:57 pmThe first case was decided unanimously, with all justices ruling in Department of Education v. Brown that the two petitioners who were denied debt relief under the program did not have standing to sue the Department of Education.
July 3, 2023 at 2:58 pmThe second case, Biden v. Nebraska, upheld the right of the several GOP states involved in the lawsuit to sue the Biden administration, clearing the hurdle necessary to present their argument before the court.
July 3, 2023 at 2:59 pmStudent loan forgiveness has been on many Democrats’ wishlists for years, as 43 million Americans struggle to pay an average of $28,950 in student loans that can take decades to pay off, according to Forbes.
July 3, 2023 at 3:00 pmThe Biden administration’s plan sought to eliminate $400 billion of student loans for roughly 40 million qualifying Americans making less than $125,000 or couples making less than $250,000. The Department of Education’s online form granted approved applicants up to $10,000 in loan forgiveness, and up to $20,000 for Pell Grant recipients, according to The Hill.
July 3, 2023 at 3:00 pmWhat do you think of this ruling?
July 5, 2023 at 12:29 am🦗🦗🦗🦗🦗🦗🦗🦗🦗🦗🦗
July 5, 2023 at 4:33 amAmen! Student loan forgiveness is just government support for liberal God rejecting college professors.
You must be logged in to prayer to this request.