BREAKING: Supreme Court CRUSHES Joe Biden’s Student Loan Bailout Program
The US Supreme Court on Friday CRUSHED Joe Biden’s student loan bailout program.
Joe Biden unilaterally announced a massive forgiveness of student loans last August to buy the Gen Z-Millennial vote in the 2022 midterms.
Biden canceled over $400 billion in student loans which turns out to be up to $10,000 in student debt for borrowers who earn $125,000 a year or less and up to $20,000 for recipients of Pell Grants.
Six Republican state attorneys general sued Joe Biden and argued the student loan bailout violates the separation of powers.
Separately, two borrowers who did not qualify for Joe Biden’s student loan forgiveness plan sued to stop the program.
The 8th US Circuit Court of Appeals in November extended a block on Joe Biden’s student loan bailout plan.
