Of course they struck it down. The office of the President does not have that constitutional authority. Not that it matters to Dems.
WashingtonCNN —Student loan borrowers are now waiting indefinitely to see if they’ll receive debt relief under President Joe Biden’s student loan forgiveness program after a federal judge in Texas struck down the program Thursday, declaring it illegal.
The Department of Justice immediately appealed to the 5th US Circuit Court of Appeals. But that case will have to play out before the Biden administration can cancel any federal student loan debt under the program.
While the Biden administration has faced several legal challenges to the student loan forgiveness program since it was announced in August, the ruling on Thursday is the most significant setback thus far – prompting the Department of Education to stop accepting applications for debt relief.
Biden’s program was already on hold due to a separate legal challenge, but the administration had continued accepting applications, having received 26 million to date.
Under the rules of the program, eligible low- and middle-income borrowers can receive up to $10,000 of federal student loan forgiveness and up to $20,000 in cancellation if they also received a Pell grant while enrolled in college.
The legal road ahead is murky, but it could take many months for the issue to be resolved.
The Texas decision “makes it more likely that the issue will ultimately go to the Supreme Court, though it is still too early to say,” said Abby Shafroth, staff attorney at the National Consumer Law Center.
Video here: https://www.cnn.com/2022/11/10/politics/biden-student-loan-forgiveness-struck-down/index.html