Today at the Supreme Court: Biden's Student Loan Cancellation Plan on Trial
The Supreme Court considers the scope of presidential power in Biden v. Nebraska and Department of Education v. Brown.
The Supreme Court considers the scope of presidential power in Biden v. Nebraska and Department of Education v. Brown.
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"If it was an emergency, why wait three years to provide the forgiveness? Why present it in a political framework, as fulfilling a campaign promise?" said one higher education expert.
New changes to income-driven repayment plans announced Tuesday would essentially turn student loans into government grants.
If political pressure to forgive debt can work once, why wouldn't it work again every five or 10 years?
As the Court agrees to take up yet another case against the Education Department's loan forgiveness plan, Biden's goal of forgiving billions in student loans seems increasingly doomed.
On Wednesday, a federal appeals court denied the Biden administration's request to block a Texas judge's ruling that declared the policy unconstitutional.
The justices refuse to vacate the injunction against President Biden's student loan forgiveness policy, but accept certiorari.
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The lack of statutory authority is the main issue raised by legal challenges to the plan.
It's the first of several court challenges to achieve any level of success. The Supreme Court rejected a separate challenge on Friday.
The new survey, released by Data for Progress, could spell trouble for Democrats hoping for gains in November following Biden's debt relief plan.
This latest expense is yet more evidence that sweeping student loan forgiveness will end up doing considerable economic harm.
According to a new report for the Congressional Budget Office, student loan debt forgiveness will likely completely wipe out gains made by the Inflation Reduction Act—and then some.
"This isn't how laws are supposed to be made," says Caleb Kruckenberg, an attorney with the Pacific Legal Foundation.
If the pandemic is over, then how is the supposed emergency move justified?
In six states, accepting student loan forgiveness is likely to result in an increased tax bill.
The likely answer is "yes." There are three types of potential litigants who probably qualify.
New poll shows majority of Americans oppose student loan forgiveness once they become aware of the obvious tradeoffs involved, like higher inflation and rising tuition prices.
From student debt cancellation to green subsidies, the White House is giving handouts paid for by hardworking lower-wage Americans.
The venerable champion of civil liberties is increasingly indistinguishable from myriad progressive advocacy groups.
The administration is creating a system where everyone involved in higher education has an incentive to fleece the American people.
Whether you qualify, paid off your loan, or never went to college, this politician has an explanation for you.
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Assistant Editor Emma Camp unpacks how Biden's student loan forgiveness plan is deeply misguided.
Many college graduates who made strategic choices to avoid taking on debt are now wondering if those sacrifices have put them ahead after all.
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Biden's debt forgiveness will do absolutely nothing to change the incentive system that created this doom spiral in the first place.
Biden's plan to forgive nearly $300 billion in student loan debt will disproportionately help affluent Americans.
"Student loan relief would lead some people to spend more," warns Obama economic advisor and Harvard economist Jason Furman
Unsurprisingly, wealthier Americans will be the prime beneficiaries of the White House's soon-to-be-announced student loan forgiveness scheme.
A new report from the Government Accountability Office found that the Federal Student Loan Program will cost over $300 billion more than originally predicted.
Instead of attacking the student debt crisis at its source, the Biden administration is throwing money at the problem.
The Department of Education continues to forgive federal debt for attendees of shuttered for-profit schools.
Biden wants to forgive $10,000 in federal loan debt per borrower, regardless of whether they need it.
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The Biden Administration will push student loan repayment until late summer.
Federal subsidies for higher education lead to market distortions that affect financially needy students.
We need more alternative paths to education and employment.
Biden is using executive authority to write off debts for some borrowers, while a Bush-era law could have even bigger implications.
Thirty-five years after Bill Bennett sounded the alarm about student loan defaults, we still haven't learned a damn thing.
"The push for college came at the expense of every other form of education," says Mike Rowe.
This is a subsidy for the schools, not the students.
Education Department says its goal is to make sure borrowers in default get their tax refunds.
Despite Elizabeth Warren's contention that it is the "single most effective economic stimulus that is available through executive action," forgiving student debt is a bad idea.