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Biden administration forgives $39 billion in student debt for more than 800,000 borrowers (www.cnbc.com)

submitted 1 year ago by [email protected] to c/[email protected]

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The Biden administration announced it would automatically cancel education debt for 804,000 borrowers, for a total of $39 billion in relief.

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[–] [email protected] 5 points 1 year ago (7 children)

Announced. They can announce a lot of things they don't ultimately do because the executive isn't supposed to make laws and spend money they haven't been given by Congress.

[–] [email protected] 11 points 1 year ago

And the Supreme Court is supposed to be a court of law.

Sadly, as they have decided to move away from that, the least the executive can do is ensure that the law is being correctly applied in cases where it favors the people.

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