The U.S. Supreme Court handed President Joe Biden a defeat on Friday, blocking his plan to cancel $430 billion in student loan debt. The justices ruled against Biden in a 6-3 decision and said the Biden administration overstepped its authority with the plan, with conservative justices in the majority. Another major ruling from the Supreme…
SCOTUS Held Biden to Rule of Law in Student Loan Case: Constitutional Attorney
Graduates No Longer Have to Repay Student Loans Until Making Over $40,000
Canadian graduates earning under $40,000 a year will no longer have to repay their government-issued student loans until after they have a higher income, the federal government announced Tuesday. “Graduates will not have to start repaying their federal loans until they earn at least $40,000 per year and maximum payments will also be lowered from…
Biden’s Student Debt Relief
Commentary President Joe Biden has offered student debtors some relief. Legal challenges question whether he has the authority to make such a financial commitment. However, even if the White House prevails in court, arguments pro and con will still matter, especially as the nation approaches this year’s midterm elections and the 2024 presidential contest. Here…
Lessons From Biden’s Reckless Student Loan ‘Forgiveness’ Plan
Commentary President Joe Biden’s new plan to “cancel” up to $10,000 in student loan debt for those making less than $125,000 annually is at once a dereliction of constitutional duty, a crass political gambit in the lead-up to a contested midterm election and a morally perverse value judgment that lavishes The Regime’s insular, well-heeled voting…
Canceling Student Debt Is Wrong on Every Level
August 24, 2022
admin
BrightbudgetingBusiness & Marketsconsumer debtdebt forgivenessDebt ManagementInvestmentpersonal financestudent debt
0 Comment
One of the first things a toddler learns to say is “That’s not fair!” It turns out that the idea of fairness, a concept related to justice, is intuitive from an early age. Even 3-year-olds understand that merit is fundamental to fairness. Merit is the idea that “rewards should be distributed according to how much…
The Inequity of Student Debt
Commentary President Joe Biden’s approval ratings have sunk. Several Democratic strategists have suggested that they will lift if the president fulfills his campaign promise to forgive student debt or at least a part of it. Their suggestion has brought the matter to the forefront of public debate. Aside from expense issues, much of the argument…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`