E-MAIL THIS LINK
To: 

‘That is NOT fair': Teachers' union boss Randi Weingarten has complete meltdown over student debt outside SCOTUS and says challenge to student loan handout 'really p****s me off'
[Daily Mail, where America gets its news]
  • Randi Weingarten, 65, said it 'pisses me off' that the pandemic stimulus provided to small businesses was not challenged, but student debt is

  • 'All of a sudden, when it’s about our students, they challenge it, the corporations challenge it, the student loan lenders challenge it. That is that not right,' she said

  • Following a series of legal challenges, including from six GOP states, the nine justices will hear arguments for Biden's plan to eliminate up to $20,000 in individual federal student loan debt, which could cost taxpayers as much as $400billion


Republicans denounced Biden's order as unfair to those who didn't go to college and would need to help pay through taxes for the forgiveness plan – or to those who have already paid off their loans or never took out loans.

Biden's legal basis for trying to cancel a portion of student debt is a 2003 law known as the Higher Education Relief Opportunities for Students Act, better known as the HEROES Act.

Implemented after the September 11, 2001, terror attack, the law was intended to keep service members from being worse off financially while deployed in Afghanistan and Iraq.

Now extended, the law allows Education Secretary Miguel Cardona to grant relief in times of national emergency - in this case, COVID-19.

The White House argues that ending the national emergency doesn't change its legal standing for canceling student loan debt because COVID-19 affected millions of borrowers who might have fallen behind on their loans during the pandemic.

According to their legal brief, the states argue that the proposal seeks 'breathtaking and transformative power' by relying on 'a tenuous and pretextual connection to a national emergency.

Student loan borrowers have been thrown into a year of uncertainty.

Biden's announcement for forgiveness in August also came with him declaring the last extension of student loan deferment due to the COVID-19 pandemic, saying that people would need to resume regular payments on January 1, 2023.

The president, however, decided to extend the moratorium until the summer, when the Supreme Court's term typically ends, and an opinion must be issued on the case.

Since the program launched, 26million borrowers have applied for the relief despite its limbo status.

The White House continues to insist that its approach is legally sound.
Posted by: Skidmark 2023-03-01
http://www.rantburg.com/poparticle.php?ID=660007