Loan forgiveness student loans : Loan forgiveness student loans As the Biden administration pushes forward with its ambitious student debt relief plans, borrowers are being urged to exercise caution and skepticism.
Despite repeated legal setbacks, President Joe Biden and Vice President Kamala Harris persist in making promises they know they lack the authority to keep.
Overstepping Executive Authority
The courts have made it clear that Biden’s unilateral attempts to cancel student debt are unconstitutional overreaches of presidential power.
The U.S. Supreme Court struck down the administration’s initial broad forgiveness plan last year, and more recent rulings from federal judges, including Obama appointees, have blocked the SAVE income-driven repayment plan.
Yet, undeterred by these legal defeats, Biden and Harris continue to roll out new schemes to drastically reduce or eliminate student loan obligations. They’ve even gone so far as to email 25 million borrowers about these costly, unauthorized programs.
Misleading Borrowers at Taxpayers’ Expense
By persistently offering false hope to millions struggling with student debt, Biden and Harris are doing a grave disservice to these borrowers. Their actions are not only unconstitutional but also fiscally irresponsible. The SAVE plan alone is estimated to cost the federal government $150 billion, adding to the already staggering $35 trillion national debt.
Protecting Borrowers from Scams
In a cruel irony, while the administration claims to be protecting borrowers from scammers, it is itself engaging in a massive scam. The White House has released a list of “Do’s and Don’ts” to help borrowers avoid falling victim to predatory practices, including never paying for debt relief services and refusing to share personal information with unfamiliar callers.
Yet, these very warnings apply equally to the administration’s own actions. Biden and Harris are asking borrowers to trust them with sensitive data and to believe in debt relief that the courts have repeatedly ruled they cannot legally provide.
A Pattern of Executive Overreach
Biden’s disregard for the Supreme Court’s ruling and his continued pursuit of illegal debt forgiveness schemes fit a broader pattern of executive overreach that has characterized his presidency.
From the student loan crisis to the ongoing legal battles, the administration’s actions demonstrate a troubling disrespect for the rule of law and the separation of powers.
Conclusion: Borrowers Deserve Honesty and Lawful Solutions
While the Biden administration may genuinely want to provide relief to struggling borrowers, its methods are misguided and ultimately harmful.
Borrowers deserve honesty, not false promises, and they deserve solutions that are grounded in law and fiscal responsibility.As the legal battles continue, borrowers must remain vigilant and resist the temptation to believe in debt relief that is likely never coming.
Instead, they should explore legitimate options, such as income-driven repayment plans and state-level forgiveness programs, while holding the administration accountable for its unlawful actions.
