WASHINGTON, D.C. – Today, Representative Jodey Arrington (TX-19), House Budget Chairman and former Vice Chancellor of the Texas Tech University, commented on the Supreme Court ending Biden’s student loan forgiveness program which would have added billions to the national debt.
“I applaud the Supreme Court for overturning yet another irresponsible and unconstitutional Biden executive order that would have set a horrible precedent, supercharged America’s entitlement culture, and shifted the $400 billion financial burden from a few upper income students to the many middle and working class families,” said Rep. Arrington. ”President Biden’s regressive student loan bailout not only violated the law and Constitution, but it contradicted basic fairness —to the majority of people who couldn’t afford to go to college, to the taxpayers who will shoulder the burden, and to every student who worked their way through school or responsibly paid back their student loans.”
Background: President Biden and Department of Education Secretary Cardona have long argued that the HEROES Act, which authorizes the Secretary to “waive or modify” statutory or regulatory provisions applicable to federal student financial assistance programs, positions them to forgive student loans of millions across the country. Today, on a 6-3 decision, the Supreme Court ruled the HEROES Act cannot be used to "cancel" student loan payments and such action would exceed the authority Congress delegated to the executive branch.
