There are more questions than answers when it comes to that “student loan forgiveness” plan from Joe Biden.
First, the price tag remains unclear, with estimates ranging from $300 billion (initially), to $600 billion – even as high as $1 trillion over the next ten years. Secondly, Jack Fitzhenry, senior legal policy analyst at The Heritage Foundation, says the plan is on shaky legal footing.
“The administration is setting a 2003 statute called the HEROES Act as the basis for that,” he explains. “But the memorandum – well, it gives them some fighting arguments that I think run into a few types of challenges that could be brought. So, it’s not clear that the administration has the authority to do this, that’s for sure.”
People expect lawsuits to be filed. Clay Travis, who is himself a lawyer in addition to being a writer, radio host, and television analyst, told “Fox & Friends” he thinks this will go to the Supreme Court.
Fitzhenry isn’t ruling that out, although he says there is a “debate going on out there about ‘who might have standing to walk into court and challenge this,’ even if it is in fact beyond the president’s authority.”
“Emergency relief could be relatively quick and coming, again, providing somebody could actually walk into court with standing,” Fitzhenry continues. “But resolving the ultimate merits of it would probably take a considerably greater length of time.”
How long? “It would have to work its way up through a district court, then likely up to a federal court of appeals and possibly to the Supreme Court, if the Court finds that it’s interested in weighing in on the legal questions presented. So, all those processes could take quite some time, a minimum of several months, even if it’s all done on an emergency basis.”
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Copyright American Family News. Reprinted with permission.
I never could afford to go to college. Now this treasonous, corrupt, puppet president wants me and every taxpayer to work and pay off someone else’s personal student loan, in order for this treasonous, corrupt, puppet president F… Joe Biden to buy votes.
Many of us seniors could not afford to go to college, and now Corrupt Joe wants us to pay for someone else’s tuition. I know many who ran up credit card bill of 172 K not on tuition, but on expensive clothes, cards and dining out…..Now you want to forgive their tuition……Let’s go Brandon !
I know plenty of folk who REFUSED to go to college cause of how damn pricey it was.. SO WHY SHOULD THOSE FOLK pay out for idiots who DID go??
It appears Biden can do whatever he wants as long as no one stops him. We have been sold out by BOTH political parties on many issues.
Illegal immigration being one of them, Trump tried closing the gate, but he failed in the end. Biden opened the gate his first day in office.
The tsunami of illegals from every 3rd world Hellhole on the planet continues to pour into the USA. We get to support most of them.
AND that’s the kicker.. WHO CAN stop him? Congress is in his pocket it seems, unless we turn it back to GOP control. AND EVEN THEN, i can’t really see them growing the spine needed to block this… Every agency that would have the POWER to do something about it, is in the dems pocket it seems.. AND EVEN THE COURTS don’t really have the WEIGHT OF ENFORCEMENT needed, to make any rulings they create, stick..
It’s absurd to keep hearing how Babbling Biden, The Village Idiot, is “forgiving” student loans. I never went to college. Why should the Babbling Idiot be taking money out of my pocket to pay someone else’s student loans? Maybe if they didn’t major in Russian literature and basket weaving, they could pay off their own loans. They borrowed the money, not me. Why the hell should I be paying for it??