#shorts On 6/30/2023, a reporter asked, “And the President said that this new plan is legally sound. How did you reach this conclusion? Did you do an analysis, or what exactly?
RAMAMURTI: Lawyers from the Department of Education, from the White House, from the Department of Justice all reviewed this plan. They weighed in and believe that it was legally available. I should be clear that they did the same for the HEROES Act. And obviously, we ran into a Supreme Court that had a different view of things — frankly, a view that we believe is out of step with where the law is. But we have the backing of all of the relevant attorneys here from the attorney — from the Department of Justice, from the Department of Education, and from the White House, all believing that this is a valid pathway to providing debt relief to many borrowers.
On 6/30/2023, the Supreme Court put the final nail in the coffin and invalidated 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 (Department of Education v Brown) sued to stop the program. The Supreme Court ruled 6-3 in Biden v Nebraska that Joe Biden’s student loan forgiveness was unlawful. The 8th US Circuit Court of Appeals in November extended a block on Joe Biden’s student loan bailout plan. The DOJ then asked the Supreme Court to lift the 8th Circuit Court’s block, which they refused to do. The Supreme Court ruled 6-3 that Joe Biden overstepped his authority.
other clips of this published longer video is here: https://youtu.be/s0eW7Mxu5B8
Q: legally sound A: all lawyers reviewed new plan, they did same for HEROES Act, Supreme Court wrong