How Biden is continuing to cancel student loan debt despite Supreme Court ruling
Although the Supreme Court struck down President Joe Biden’s signature student loan forgiveness program in late June, his administration has found ways to cancel more than $48 billion in debt since then.
The cancellations have come through existing federal student loan forgiveness programs, which are limited to specific categories of borrowers, such as public-sector workers, people defrauded by for-profit colleges, and borrowers who have paid for at least 20 years.
These programs are separate from the rejected forgiveness plan, which would have canceled about $430 billion of the $1.6 trillion of outstanding federal student loan debt all at one time.
The Biden administration has been granting student loan forgiveness through these existing programs on a rolling basis since coming into office and has discharged a total of $127 billion for nearly 3.6 million people to date.
What kills me is that these rocket surgeons are blaming Biden for these forgiveness programs when the public service loan forgiveness plan was enacted almost 20 years ago by George Bush...
Either they're that history blind or they're desperate morons, praying the rest of the uneducated masses will just blindly go along with whatever they claim is true... Probably both... Who am I kidding!? Of course it's both!
This should have been a fact checking article. Instead it's just perpetuating the narrative that Biden is doing something wrong.
Clearly only a republican administration is allowed to break the glass during an emergency