US Politics

ALERT: Biden Just Made Student Debt ‘Forgiveness’ Illegal!

UAFReport| Daniel| It’s a pretty big statement to say that Joe Biden is still his own worst enemy. By accident, Biden compromised the legal basis for his pledge to cancel student debt.

Scott Pelley, the host of “60 Minutes,” interviewed Biden. Since he was able to visit the Detroit Auto Show last week, Biden was questioned if indeed the pandemic is “over.” This event hadn’t taken place since 2019, making this one the first time it’s taken place since then.

The pandemic is “over,” according to Biden, without exception.

“The pandemic is over. We still have a problem with COVID. We’re still doing a lotta work on it,” Biden said.

“But the pandemic is over. If you notice, no one’s wearing masks. Everybody seems to be in pretty good shape,” he continued. “And so I think it’s changing. And I think this is a perfect example of it.”

There are some consequences to this statement assuming what he said is true.

Biden stated last month that he would waive $10,000 in student loan debt for each borrower making less than  $125,000 annually.

The legal basis for Biden’s plan was made public by the Biden regime the same day it was announced. A memo from the Education Department asserted that the HEROES Act of 2003, a post-9/11 law, existed. This permits the cancellation of many debts.

The memo said: “The HEROES Act, first enacted in the wake of the September 11 attacks, provides the Secretary broad authority to grant relief from student loan requirements during specific periods (a war, other military operation, or national emergency, such as the present COVID-19 pandemic) and for specific purposes (including to address the financial harms of such a war, other military operation, or emergency).

Since the Act’s adoption, the Secretary of Education has made use of this power to grant borrowers relief in the event of a war, other military action, or a national emergency, including the ongoing moratorium on student loan payments and interest.

The consequences of Biden’s admission were explained by Charles Cooke in National Review.

“But, even if one were to ignore all [of the questions of legality], one could still not get past the fact that the powers to which Biden laid claim can be applied only when there is an active emergency, and that the active emergency Biden is citing has now passed,” Cooke wrote.

So, Biden may have messed that up entirely, but we’ll just have to see how it all plays out.

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