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In a move that disappointed student loan borrowers across the nation, the Supreme Court turned down the Biden’s plan.
His administration wanted to revive its grand plan for tackling federal student loan debt.
The court’s brief order made brief work of that.
They decided to uphold a nationwide injunction from an appeals court.
So much for a smooth ride paid for by the tax payers.
Though to be fair, these kids were basically hoodwinked to go into debt for worthless degrees.
The entire system needs to be replaced. It’s a complete mess.
🚨BREAKING: For the second time in a year, the Supreme Court has ruled against Kamala and Biden's plan to use your tax dollars to cancel student loans without a bill from Congress.
Looks like they're going to have to find a new way to buy votes! pic.twitter.com/A685YuJV3K
— Trump War Room (@TrumpWarRoom) August 28, 2024
NBC News reports:
The Supreme Court on Wednesday rebuffed a Biden administration plea seeking to revive the latest plan to tackle federal student loan debt.
The court in a brief order denied an emergency request filed by the administration seeking to lift a nationwide injunction imposed by an appeals court. There were no noted dissents.
The order said the appeals court that is currently handling the case should “render its decision with appropriate dispatch.”
The Education Department issued a regulation finalizing its Saving on a Valuable Education, or SAVE, plan in July 2023, the month after the Supreme Court ruled the administration lacked authority to implement President Joe Biden’s earlier loan forgiveness program.
The new effort, like the previous one, was challenged by multiple conservative-leaning states led by Missouri.
“This court order is a stark reminder to the Biden-Harris administration that Congress did not grant them the authority to saddle working Americans with $500 billion in someone else’s Ivy League debt,” Missouri Attorney General Andrew Bailey said in a statement. “This is a huge win for every American who still believes in paying their own way.”
A spokesperson for the Education Department said the administration will keep pushing to lower repayment options for borrowers.
The Gateway Pundit adds:
Biden has used a series of workarounds to circumvent the Supreme Court’s decision to strike down his student loan bailout program.
Last year the Supreme Court ruled 6-3 against Joe Biden’s student loan relief program so the Department of Education rolled out a workaround forbearance program to cancel $39 billion in student loans by counting non-payments as payments for a period of time.
Only it isn’t your typical forbearance program. Borrowers won’t have to pay back ‘missed’ payments or make up the difference of ‘reduced’ payments. No interest will accrue on any of the missed payments.
It’s not like they’re trying to buy votes, right?
They wouldn’t be doing this in hopes that it would sway students to vote for her, would they?
To vote Democrat?
🚨 #BREAKING: The US Supreme Court has BLOCKED the Biden Harris plan to use taxpayer dollars to pay off student loans
Good! 🔥
STOP USING OUR TAX DOLLARS TO BUY VOTES! pic.twitter.com/R66KqfPBJE
— Nick Sortor (@nicksortor) August 28, 2024
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