12/6/2024 0 Comments Florida AG Slams Biden’s Latest Move to 'Force' Taxpayers to Bail Out Student Loan BorrowersFlorida Attorney General Ashley Moody, along with 22 other attorneys general, is challenging President Biden's latest attempt to have "taxpayers pay for others' student loan debt". According to Moody's press release, this marks the fourth time the Biden administration has attempted to push for student debt relief despite previous legal challenges that reached the U.S. Supreme Court. Attorney General Moody criticized President Biden, pointing out his actions, including pardoning his "felony-convicted" son, and his attempts to impose student loan debt relief on working Americans. “Biden clearly does not believe in accountability or the American judicial system. He pardoned his felony-convicted son, and he continues to try and force hardworking Americans to pay off the student loans of others – even though we challenged these unlawful policies all the way up to the U.S. Supreme Court and won," she said. The release states that the latest proposal from the U.S. Department of Education (DOE) would allow the Secretary of Education to cancel debts for borrowers who are deemed to be “experiencing hardship,” even if they have $0 monthly payments. Moody and the coalition argue that the new rule exceeds the DOE’s authority under the Higher Education Act, violates separation-of-powers principles, and is based on faulty cost estimates. They also claim the rule is part of a broader attempt to push a massive loan-forgiveness scheme during the final months of Biden’s presidency. In a letter to Education Secretary Miguel Cardona, Moody and the coalition emphasized that both the U.S. Supreme Court and lawmakers, including former Speaker of the House Nancy Pelosi, have acknowledged that the President does not have the legal authority to forgive student loan debt on such a broad scale. They are urging the DOE to withdraw the rule and allow the incoming administration, set to begin in January 2025, to address the issue. The coalition includes attorneys general from Alabama, Alaska, Arkansas, Georgia, Idaho, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Montana, Nebraska, North Dakota, Ohio, Oklahoma, South Carolina, South Dakota, Tennessee, Texas, Utah, and West Virginia.
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