this post was submitted on 30 Jun 2023
324 points (100.0% liked)

News

7 readers
5 users here now

Breaking news and current events worldwide.

founded 1 year ago
 

The Supreme Court ruled Biden's student-loan forgiveness is illegal, meaning borrowers will resume payments without debt cancellation this year.

you are viewing a single comment's thread
view the rest of the comments
[โ€“] [email protected] 3 points 1 year ago (1 children)

But some Democratic lawmakers and advocates aren't so sure. Reps. Ro Khanna and Alexandria Ocasio-Cortez have been among the Democrats who have publicly pushed Biden to extend the pause should the Supreme Court strike down the broad debt cancellation.

"Resuming student debt payments in the middle of an affordability crisis is unconscionable. President Biden needs to deliver on his promise to cancel student debt," Khanna wrote on Twitter.

Ocasio-Cortez previously said in an interview with Politico that it's "very important the administration has a plan that is an actual response in the event of" the Supreme Court overturning student-debt relief.

Now call me crazy, but isn't this something that the legislature would be empowered to do as well? I want to see the bills that these reps have put forth to address the issue.

[โ€“] [email protected] 2 points 1 year ago

Congress could forgive the loans too.