Is Student Loan Forgiveness Constitutional
The Supreme Court takes up student loan forgiveness — What’s at stake?
A key provision of the HEROES Act is that waivers or modification to student loan terms are authorized if they are necessary to ensure …
Is Student Loan Forgiveness By Executive Order Legal? – The College Investor
The President does not have the legal authority to forgive student loans on his own. Only Congress has the power of the purse. Executive action …
FACT SHEET: President Biden Announces Student Loan Relief for Borrowers Who Need It Most | The White House
A three-part plan delivers on President Biden’s promise to cancel $10,000 of student debt for low- to middle-income borrowers.
SCOTUS Tackles Unconstitutional, and Unwise, Student Loan Cancelation – Cato Institute
Biden’s attempt to forgive student loans is unconstitutional for the simple reason that it was not authorized by Congress and the president …
Professors urge Supreme Court to reject student loan forgiveness lawsuit – CNBC
Although they call President Joe Biden’s student loan forgiveness plan “unlawful,” two university law professors are urging the Supreme Court to …
The Supreme Court showdown over Biden’s student debt relief program, explained – Vox
Yes, the program is authorized by a federal statute. But the Court’s GOP-appointed majority has so far invoked the major questions doctrine to …
Biden’s student loan forgiveness plan goes before the Supreme Court Tuesday. Here’s what borrowers need to know – CNN
But the Biden administration argues that a 2003 law grants the executive branch the power to discharge federal student loan debt in the event of …
As Supreme Court Considers Student Loan Forgiveness, States May Expand Their Programs | The Pew Charitable Trusts
As the U.S. Supreme Court mulls the constitutionality of President Joe Biden’s broad student loan forgiveness plan, lawmakers in many states …Get Free Quote
Biden’s Student Loan Forgiveness Plan Is Unconstitutional, Says Judge – Reason Magazine
A federal judge has ruled unconstitutional President Joe Biden’s plan to forgive student loan debt. In a decision issued yesterday, …Get Free Quote
Common Asked Quetions
What are the primary arguments for and against student loan forgiveness?
The primary argument for student loan forgiveness is that it would provide relief to borrowers who are struggling to pay off their loans and help them to achieve financial stability. The primary argument against student loan forgiveness is that it could create a moral hazard, where borrowers may be less likely to repay their loans if they know that they could be forgiven in the future.
Are there any federal or state laws that support the constitutionality of student loan forgiveness?
Yes, there are federal and state laws that support the constitutionality of student loan forgiveness. The Higher Education Act of 1965, as amended, allows for the forgiveness of student loans in certain circumstances, such as death or disability. Additionally, some states have enacted laws that allow for student loan forgiveness in certain circumstances, such as for public service or for graduates of certain colleges or universities.
What are the potential economic implications of student loan forgiveness?
The potential economic implications of student loan forgiveness include increased consumer spending, increased economic growth, increased tax revenue, and increased job creation. Additionally, it could help reduce the burden of debt for borrowers, allowing them to better invest in their futures.
What are some alternatives to student loan forgiveness that could help borrowers?
Some alternatives to student loan forgiveness that could help borrowers include income-driven repayment plans, refinancing, loan consolidation, and scholarships or grants.