The Supreme Court rejects Biden's plan to wipe away $400 billion in student loan debt
The Supreme Court rejects Biden's plan to wipe away $400 billion in student loan debt
A sharply divided Supreme Court has ruled that the Biden administration overstepped its authority in trying to cancel or reduce student loan debts for millions of Americans.
![[USA] Sąd najwyższy odrzucił 400-miliardowy plan umorzenia długów za kredyty studenckie przedstawony przez Bidena](https://szmer.info/pictrs/image/0a0d1b31-1fed-4433-967d-2c67d7bcad9d.jpeg?format=webp&thumbnail=196)
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I know this upsets a lot of people, but the ruling isn't without justification. $450B++ in government spending should not be accomplished through a legal loophole. (Quite aside from the fact that fiscal stimulus is the last thing the economy needs right now.)
It is absolutely without justification. The language of the HEROES Act allows the Secretary of Education to "waive or modify any statutory or regulatory provision applicable to the student financial aid programs under title IV of the Higher Education Act of 1965." This is not a loophole, it is the law, passed by Congress. And regardless of any foreseen impact on the economy, SCOTUS should not legislate. Otherwise, they're just an activist court.