A defiant Joe Biden has apparently just decided to IGNORE the Supreme Court – with his Education Department announcing plans to “automatically forgive” student loans for hundreds of thousands of Americans!
The Supreme Court struck down Biden’s attempt to forgive student loan debt just a few weeks ago and this new plan shrugs off that ruling while forcing American taxpayers to foot the $39 billion bill.
Education Secretary Miguel Cardona said in a statement that borrowers were having their loans forgiven due to “administrative failures.”
“For far too long, borrowers fell through the cracks of a broken system that failed to keep accurate track of their progress towards forgiveness,” Cardona said of the new plan which applied specifically to borrowers paying back their loans through income-driven repayment plans which allow for debts to be forgiven once they’ve been paid for 20 or 25 years.
Biden’s people are claiming that these records were not accurately tracked – so naturally, they’re just going to forgive ALL of the debt!
“By fixing past administrative failures, we are ensuring everyone gets the forgiveness they deserve,” Cardona claimed.
Coming on the heels of the supreme court’s decision to BLOCK Biden’s unconstitutional mass loan forgiveness plan, this new effort is a clear and obvious attempt to circumvent the nation’s highest court as many Democrats have been calling for the president to do.
Watch the video here to learn more about the NEW attempt to cancel student loans.