Supreme ct struck down free loans . Biden had zero authority to do

I think the kids who didn’t go to college should get the $20,000. They are stuck with the low incomes aren’t they?
I went to college and made the dean's list every quarter.

Academic Probation. Academic Suspension. It was a list and they kept it in the dean's office so I'm going to count it.

Send me a check.
 
So . . . if something is legal and an agent can profit from the situation, it is good.

But if it is legal, and an agent can't profit, then it is "not right."
 
The Higher Education Act allows the Secretary of Education to "compromise, waive, or release" federal student loans. Student debt relief has been provided to borrowers who are disabled, employed as teachers, or who could not complete an educational program because their institution of higher education closed, according to a report by the Congressional Research Service.

However, the act must go through negotiated rule-making to make changes to administrative regulations — a process that could take a year or longer.

"It's subject to federal regulatory review and comment. That's a much longer process," CBS News chief Washington correspondent Major Garrett explained. "When the president said it's going to take a while, they'll move as fast as they can — they can only move as fast as that regulatory process, which has very specific guidelines and hurdles, can go."


[EXTERNAL LINK] - What is the Higher Education Act —and could it still lead to student loan forgiveness?
 
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