Supreme Court Rules AGAINST Student Loan Bail-Out Hand-Out

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It’s a banner day for the Supremes. The idea that hard working Americans should pay for the woke destruction of our children is a crime against humanity.

Thank you President Trump – the fruits of his presidency is thew only good news these days.

In the last twenty four hours the Supreme Court ruled against racist affirmative action college admissions, ruled for freedom of expression and speech and now this.

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Supreme Court rules against Biden student loan debt handout

Biden administration’s student loan debt plan was estimated to cost taxpayers $400 billionTwitter

By Anders Hagstrom, FOX Business, June 30, 2023

Republican states sue over student debt handout.’

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The Supreme Court ruled Friday that the Biden administration cannot go forward with their student loan debt handout program.

In a 6-3 decision, the court held that federal law does not allow the Secretary of Education to cancel more than $430 billion in student loan debt.

The initiative, which had been on hold pending litigation, involved the federal government providing up to $10,000 in debt relief – and up to $20,000 for Pell Grant recipients – for people who make less than $125,000 a year. The program was expected to cost the government more than $400,000.

Biden made the unprecedented push for debt cancelation in August 2022, and his administration accepted some 16 million applications before Republicans objected and the program was put on hold.

Biden’s DOE is planning ‘workarounds’ if Supreme Court rules against student loan forgiveness. (AP Photo/Evan Vucci / AP Newsroom)

Republicans argued Biden lacked the authority to unilaterally forgive student loans. Estimates from the Congressional Budget Office said Biden’s plan would cost taxpayers roughly $400 billion. Republicans were outraged at the total, arguing the forgiveness would be unfair to those who either paid their way through college, repaid their loans, or never attended college in the first place.

Biden’s Education Department had already been exploring potential workarounds to offer handouts via other means in anticipation of a ruling against the administration.

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BIDEN VETOES CANCELING HIS $400 BILLION STUDENT LOAN HANDOUT, VOWS HE’S ‘NOT GOING TO BACK DOWN’

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