A United States appeals court on Tuesday struck down the latest iteration of The Obiden Regime’s ridiculous student loan forgiveness scheme.
A U.S. appeals court ruled The Regime lacked authority to pursue a student debt relief program designed to lower monthly payments for millions of borrowers and speed up loan forgiveness for some.
The St. Louis-based 8th U.S. Circuit Court of Appeals sided with seven Republican-led states that sued to block the U.S. Education Department’s program, whose future was already in doubt with President Donald Trump back in the White House.
The three-judge panel held that the Education Department exceeded its authority by trying to use a Higher Education Act provision that allows for income-based loan repayment plans to adopt debt forgiveness on the scale provided by Biden’s Saving on a Valuable Education (SAVE) Plan.
More details on the court’s opinion:
U.S. Circuit Judge L. Steven Grasz, appointed by Trump during his first term in office, said the Higher Education Act’s text made clear that Congress only authorized repayment plans that lead to actual repayment of student loans.
Grasz, whose opinion was joined by two fellow Republican-appointed judges, said the Biden administration had “gone well beyond this authority by designing a plan where loans are largely forgiven rather than repaid.”
Missouri Attorney General Andrew Bailey, a Republican who led the litigation, said on X that while Biden is out of office, ‘this precedent is imperative to ensuring a president cannot force working Americans to foot the bill for someone else’s Ivy League debt.’
NOTE: There is a difference between rearranging a payment plan, which is what the Higher Education Act allows, and outright canceling student loans.
Also, “forgiveness” was a killer too. The Regime was not “forgiving” anything; that would imply that there had been some wrongdoing at some point. These students signed contracts, they were made aware of repayment terms, they were made aware of any options they had, and there is an end to it.
Next, may President Trump please close down the Department of Education and eliminate federal government involvement in the financing of education, which is not allowed by the Constitution in any case.
