While I think the cost of college is ABSURD, and 100% think moving forward that student loan debt = should be eligible to be discharged in bankruptcy, I don't understand how in the world what Biden has done is legal.
The Supreme Court already ruled Biden's previous student loan debt was illegal. Can someone with a law background - not some left or right wing hack - please explain why this version of it might be legal? It just seems to me it's a desperate attempt to bribe young voters.
Congress is supposed to be in charge of the purse. How in the world can Biden do this?
Update and clarificaiton on 2/22/24. Many people assume this means I'm against some form of loan forgiveness.
I never said loan forgiveness was wrong - I just feel it's illegal.
Personally, if we pay for school up through 12th grade, I'm not opposed to paying for it through 16th grade or doing some European type model. The cost of schooling is INSANE. I don't get why so many conservatives are like, "If I paid for it - so must you."
But i also believe it's important to be a nation of laws. I don't care if he ran on it. If he ran on it, he needs to get Congress to pass it.