Biden student debt relief plan declared unconstitutional

Spread the love

Biden plan for student debt relief declared unconstitutional

The White House has not commented on federal judge Mark Pittman's statement that a law is unconstitutional.

A Texas federal judge said Thursday that the president's plan Joe Biden seeking to cancel hundreds of billions of dollars in student debt was unconstitutional and should be overturned.

U.S. District Judge Mark Pittman, appointed by former Republican President Donald Trump in Fort Worth, made the decision in a lawsuit supported by the Job Creators Network Foundation on behalf of two borrowers.

The debt relief plan has already been temporarily blocked by the United States Court of Appeals for the Eighth Circuit, based in Saint Louis, to consider the request of six Republican states seeking to ban it.

Joe Biden's plan has been the subject of several lawsuits by conservative state attorneys general and legal groups, though plaintiffs have struggled to convince the courts they had been harmed by the plan to the point of having the right to sue.

Judge Pittman, in a 26-page ruling, wrote that the HEROES Act, – a law that provides financial assistance for loans made to military personnel and on which the Biden administration has been arguing. is supported to implement the relief plan – did not allow the implementation of a US$400 billion student loan forgiveness program.

The program is therefore an unconstitutional exercise of the legislative power of Congress and must be struck down, writes Justice Pittman.

The White House and the representatives of the plaintiffs do not x27;did not immediately respond to requests for comment.

The nonpartisan Congressional Budget Office calculated that debt cancellation would eliminate about $430 billion of the $1.6 trillion in student debt and that more than 40 million people could benefit from it.

The plan, announced in August, will erase up to US$10,000 in student debt for borrowers earning less than US$125,000 per year, or US$250,000 for married couples. Borrowers who received Pell grants for low-income students will have their debt reduced by up to US$20,000.

With information from Reuters

Previous Article
Next Article