Federal loan payments have been on pause more or less since the COVID-19 pandemic began in early 2020, and the administration plans to keep it that way as the legal challenges to student loan relief play out. If the plan is allowed to go forward, or if the courts put a final stop to it, payments will resume 60 days later; if not, bills start coming due after June 30, 2023.
Biden's plan to relieve up to $10,000 in federal student loans for low-to-middle-income borrowers — up to $20,000 for qualifying Pell Grant recipients — has encountered multiple legal setbacks. Before the November ruling vacating Biden's student debt program, a federal appeals court in St. Louis had already placed the program on hold while it considered a separate lawsuit by six states challenging it.
The six states – Nebraska, Missouri, Arkansas, Iowa, Kansas and South Carolina — argued that a handful of state-based loan servicers that manage old, privately-held federal loans, would be hurt financially if borrowers were allowed to consolidate these loans and qualify for debt cancellation. That suit had been dismissed by a U.S. district court judge in Missouri before the plaintiffs appealed to the 8th Circuit,
It's almost as if what Sleepy Joe tried to do was illegal.
It’s almost like the law is written somewhere
✱ unconstitutional bid There you go; fixed it for you. You’re welcome.
Biden should set up a gofundme capped at 30 billion. Then distribute the money to those who have qualifying student debt. That would be fair and legal
RayburnThompson Odd. 🤔 ewarren swears “President Biden has the absolute legal right to do this.” Maybe that’s why Biden lied to all American’s when he said “I “passed it with a few votes and signed it.” Question is, why are both Warren and POTUS continually allowed to blatantly lie?
Because what he did was illegal.
It's almost like it's completely unconstitutional and outside of his power. It's almost like it was a bribe before election.
Hmm.. maybe it’s actually illegal?
May those two little tears that cried about this and started these battles NEVER know peace
Part of the problem is when W privatized student loans and interest rates on those loans soared. Obama, Trump, or Biden did nothing during their terms. There is also the price of tuition, and adjusting that would disrupt many different cycles.
Don’t let a President handing out nearly a trillion taxpayer dollars out to a specific voting block unconstitutionally hide your bias. DefundNPR
I predict Biden will keep pushing back the repayment pause until he leave office. Then the next president will be stuck making people pay for their loans again.
Because it’s illegal. Maybe mention that
Why are elected officials required to raise their right hand and swear to uphold the Constitution? They never do.
People think that the president of the United States has the power for debt forgiveness. He does not. He can postpone. He can delay. But he does not have that power. That has to be an act of Congress.' Nancy Pelosi, July 2021.
ICYMI - 'People think that the president of the United States has the power for debt forgiveness. He does not. He can postpone. He can delay. But he does not have that power. That has to be an act of Congress.' SpeakerPelosi , July 2021. She was right.
they should promise another live on air abortion if the judges will see it their way.
Remember when the Left accused Trump of being a dictator? I guess unConstitutional acts are OK when your idea is ‘noble’ or helps you win an election though!🤷🏼♂️
Illegal things do sometimes face legal setbacks.
Judging by the replies I would have to say the Red tribe really hates their kids. Huh.
Perhaps Biden should quit doing obviously illegal things?
Bummer
They are making it so hard, it’s ridiculous how inconsiderate and greedy some people are. If it’s a federal program then the federal government should be able to support it monetarily.
Anyone else concerned that a post-9/11 law is still being used by the executive branch to claim sweeping powers over domestic affairs? HEROESAct
Check out Davey Crockett and government charity.
humor 🥹
If the loans are federally backed then the fed govt should be able to forgive them.
SenWarren
Unfortunately as an executive order, it is illegal since the exec branch doesn't have the authority for monetary stuff. However there's been a bill in the house since March or April i believe that's just sat there and hasn't moved which legally would allow this.
Biden’s magic wand is broken.
You forgot the unconstitutional part.
Biden is clearly attempting to seize legislative power. If this was Trump NPR would be incontinent with outrage.
Gee... biden illegal.?
Canceling mortgages would be even fairer
Wow, maybe this plan is completely illegal?
Great news. Pay back your loans. Im sorry you didn't look up the median income for a person with your degree before applying but that shouldn't mean I should pay for it.
GOOD! The rest of America didn’t sign for the loan, the borrower did. Not our problem to cover your debt.
Not really. Are the loses legal or just Trump appointments being partisan
What about my college debt that I paid off working 2 jobs?
Because it was never legal to do from the start.... he knew that but wanted votes... 😐
You’re like the spoiled kid who when denied by the first parent, you secretly go to the second parent hoping to get a different answer. Presidents don’t have the power of the purse. Only Congress does. Civics 101.
This story should have included a better explainer of who exactly is opposing the studentloanforgiveness plan & why (hint: pure politics). Those impacted by this deserve to know that 6 Republican-lead states are protecting corporations at the expense of students. Do better
Pay off your own loans. Or get Congress to pass a law. King Biden doesn't have the power, it was all for votes. But what's new, that's the Leftist way
Illegal plan
Good, people need to take responsibility for taking out bad loans.
Well yeah. It’s illegal.
People who never took out these loans or paid them off rejoice!
Limousine Liberals can pay for their debt. Just like they can house illegal immigrants at their homes in Martha's Vineyard
IMO, Biden wants to lose these cases.
I bet the democrat-socialists at NPR are reeling.
Where in the constitution does the executive have the authority to do such a thing?
Biden lied for votes, knew it was illegal when he promised it
Bahahahah, they played people to get votes , so disgusting
They could have passed a bill earlier in the year to fund the debt relief, but they want to play politics instead. Sent lots of money to Ukraine though.
Pay your debts.
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