On Thursday, a Texas federal judge blocked President Joe Biden’s student loan forgiveness program. He called it an “unconstitutional exercise by Congress’s legislative power.”
U.S. District Judge Mark Pittman ruled the Department of Education’s student loans forgiveness program illegal. This decision was made following a lawsuit brought by the Job Creators Network Foundation. The Foundation argued that it violated federal regulations because borrowers weren’t able to comment. The August student debt relief program would erase $10,000 of student debt for those earning less than $125,000 per annum.
A federal appeals court temporarily stopped the student loan forgiveness program that prohibited the Biden administration “discharging any student loans debt.” This ruling was made after Nebraska, Missouri and Arkansas sued the Biden Administration for the student debt program.
Pittman’s ruling stated that “In this instance, the HEROES act — a law providing loan assistance to military personnel defending the nation — doesn’t provide clear congressional authorization for the executive branch to create a $400 million student loan forgiveness program.”
The White House Press Secretary Karine Jean Pierre, despite the court’s ruling, stated that the program would continue “full speed ahead”
Borrowers can apply for student loan forgiveness until December 31st, but the administration has encouraged them to apply before Nov. 15, in order to be eligible before the student loan repayment pause expires.
CNBC reports that most applicants for student loan forgiveness said they would use the extra money to travel or eat out.
Daily Caller News Foundation contacted the Department of Education for comment but they did not respond immediately.
