Biden’s Student Loan Debt Forgiveness Program Hit With Lawsuit

Several weeks ago, Joe Biden used emergency measures to pass student loan debt forgiveness. Traditionally, this isn’t something the president can do of his own volition without congressional approval.

However, the emergency measures Biden cited date back to 9/11, with COVID being cited as the basis of said emergency. This, alone, has engendered controversy since the president also alleged the COVID pandemic to be over just last month.

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If that’s the case, then many Republicans have argued Biden has no basis to use emergency measures to forgive student loan debt.

Now, the Jobs Creators Network has become one of the latest groups to sue Biden over his forgiveness of $10,000 to $20,000 in eligible borrowers, per Newsmax.

Diving Into the Latest Lawsuit

The Jobs Creators Network argues Biden breached federal protocols by failing to get feedback from the public.

This group likewise slammed Biden’s debt forgiveness program as executive overreach that fails to get to the root cause of massive student debt in this country.

Like other conservative organizations, Jobs Creators Network is of the view that colleges and universities should have to answer for the exorbitant rates they charge students.

This would truly begin to put a dent into student loan debt, rather than just forcing everyday taxpayers to foot the bill for others’ student loans. At this rate, the cycle will just continue all over again.

Jobs Creators Network currently charges the Biden administration and Education Department with violating notice-and-comment regulations within the Administrative Procedure Act.

With this lawsuit joining a growing list of litigation against Biden’s loan forgiveness program, it remains to be seen if the program even has a chance to go into effect.

Unintended Consequences

Lawsuits aside, there are a litany of issues associated with the student loan debt forgiveness agenda put forward by the president.

For starters, it would undoubtedly raise inflation during a time when America needs to be cutting spending, rather than running up the tab.

Secondly, Biden’s program would essentially stiff folks who previously had student loans, but worked hard to pay them off.

Many critics of the president say it’s not fair for the government to waive certain student loan debtors without compensating others who didn’t wait for a government bailout.

Nevertheless, the Biden administration continues to defend this loan forgiveness program. In a public response to the various lawsuits emerging, the White House claimed its critics are backing “special interests” over middle-class Americans in need.

What are your thoughts about the growing number of lawsuits against the Biden administration over its student loan forgiveness program? Do you believe this plan will hold up against litigation?

You’re more than welcome to let us know in the comments area how you see this all turning out.

This article appeared in The Conservative Brief and has been published here with permission.

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