So says lawmakers hoping for those effected , to be happy ( voters?), and others in the minority community that are looking for economic relief ….
Oh, and the millions of those who owe Billions of dollars….
And those who are receiving refund checks for payment’s made during the pandemic….
The Supreme’s will be sitting in judgement on the Biden action….
And?
If they turn thumbs down on Biden’s program to cancel the debt he has moved to and even sent back MILLIONS in payment refunds?
Things could get really sideways for EVERYONE, cept the Republicans looking to screw Biden and Millions of others….
There are suggestions for the admin to change their legal basis for the President’s move to something more concrete than ‘Executive Privilege‘ which previous courts have NOT been happy about in their rulings….
The White House has said it is confident in the soundness of its legal argument and expects to prevail, even if outside legal experts are skeptical the conservative-leaning court will rule in their favor.
“They’re going to lose,” Jed Shugerman, a law professor at Fordham University, said in a telephone interview. “There is a consensus that this would lose six-to-three, if not worse.”
In a statement, a White House official said the administration stands by its plan and an alternative is not under consideration. The administration will continue to defend the initiative against Republican and special interest efforts to halt it, the official said.
An official with the Department of Education also said that it was confident that the legal strategy was sound.
Finding a way forward, regardless of the court’s ruling, could be a boost to Biden’s planned 2024 re-election bid. While polling shows mixed support among the overall electorate for student debt relief, young people — who owe more than previous generations — are more likely to favor forgiveness.
Fifty-four percent of voters under 30 years say cancelling $10,000 for low-to-middle-income borrowers would improve the country, according to a Harvard Institute of Politics poll….
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One approach the administration could take is to rely on the Higher Education Act, a 1965 law giving the Secretary of Education broad authority to manage the government’s portfolio of student loans, according to Smita Ghosh, an appeals lawyer at Constitutional Accountability Center, a progressive think tank….
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“The White House feels strongly their plan will hold up,” said Wisdom Cole, national director of the NAACP’s Youth & College Division.
“We are trying to ensure we’ve done everything we can on student debt forgiveness, and that it’s not done until it’s done,” said Cole, who spoke with administration officials in December about issues affecting young voters.
Shugerman said the administration’s plan would be more resilient to legal challenges if reintroduced under the Higher Education Act, but warned the process would take about a year, potentially bumping up against the end of Biden’s term. “They’re running out of time,” he added….