Global Courant
President Biden’s Department of Education is preemptively planning “workarounds” that would allow the federal government to forgive at least $10,000 of most student loan debt, even if the Supreme Court scraps the existing handout program later this month.
The Job Creators Network, a group that has filed one of the lawsuits against the proposed plan, told The DailyMail about the alleged plan in an article published Saturday, but refrained from speculating what those “solutions” might look like.
“Biden knows that this (plan) was an illegal overrun from the start, an administrative overrun, and if he didn’t know it from the start, he certainly knows now because both chambers – the House and Senate – have sent a bill. to him for his signature that rejected it on a bipartisan basis, and he vetoed it,” the group’s president, Alfredo Ortiz, said Monday on “Fox & Friends.”
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Biden’s education department is reportedly planning “solutions” in case the Supreme Court rules against the government’s student loan forgiveness plan. (iStock)
“In general, people don’t want this, and this new income-driven repayment plan he has, which cuts payments from 10% to 5% of discretionary income, is another clear example of administrative overrun.”
Ortiz promised to The DailyMail that if “workarounds” happen, his organization will also challenge them legally.
Biden’s initial handout plan is expected to cost taxpayers more than $400 billion, according to Congressional Budget Office estimates, a number that has sparked outrage from some who argue the pardon is unfair to those who have either made their way through college paid, have paid back their loans, or never went to college.
BIDEN ADMINISTRATOR HAS GIVEN BILLIONS IN STUDENT LOAN DEBT DESPITE PROBLEMS WITH PLAN: REPORT
President Joe Biden speaks before vetoing a bill to scrap his $400 billion student loan in the Oval Office on June 7, 2023. (White House)
“It’s another example of how the Biden administration works, attacking free enterprise and the way our system of checks and balances works. He actually laughed at it and moved on to something that was clearly illegal,” Ortiz told Fox News’ Ainsley Earhardt. “We had to end it because in many cases it represents something that’s not fair to taxpayers, and it doesn’t really address the root of the problem (tuition increases).”
He said tuition increases have been steady since former President Barack Obama nationalized the university’s loan system years ago, raising college costs for students forced to take out loans to pay for an education.
BIDEN STUDENT LOAN ‘REdistribution’ MAY BENEFIT FELONS, GOP OFFICIALS CLAIM IN LETTER TO REQUIRE DETAILS
Student loan borrowers hold a rally in front of the White House to celebrate President Biden canceling student debt. (Paul Morigi/Getty Images for We the 45m)
The Supreme Court’s ruling on the loan forgiveness program is expected this month, and legal experts including Judicial Crisis Network president Carrie Severino expect the court to “likely” quash the plan.
“Based on the arguments, that seems likely,” she said on “Fox & Friends Weekend” Saturday.
“It was a clear majority of the justices who recognized this plan for what it is — a real power grab by the executive branch to try to distribute money from the Treasury without Congress authorizing it.”
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Taylor Penley is a production assistant at Fox News.
