Two temporary injunctions were filed on Monday against President Biden’s student loan forgiveness plan.
Two federal judges agreed with some red states that only Congress is authorized to erase student debt. Biden’s latest student loan cancellation scheme is part of the Saving on a Valuable Education (SAVE) repayment program. The new plan was set to take effect on July 1.
This is a win for Kansas and Missouri, the two states that led the lawsuits filed by multiple states to prevent the plan from going into effect this spring. The preliminary injunctions put the plan on hold.
Biden knows his blatant sop to young voters in an election year is unconstitutional. He brags about working around the Supreme Court’s ruling against it. Biden is transferring student debt repayments from students who took out the loans to taxpayers. The loan debt doesn’t magically disappear. Ordinary…
