to modify or waive any form of debt is only permitted in certain circumstances, like a national emergency, but "the Department has never relied on the HEROES Act or any other statutory, regulatory, or interpretative authority for the blanket or mass cancellation."
Others would disagree. Attorneys and legal experts at the Legal Services Center of Harvard Law Schoolto Massachusetts Sen. Elizabeth Warren last year that while the power to cancel student debt "rests in the first instance with Congress," the Education Secretary "has the authority to modify a loan to zero" under the HEA.
"We don't even need this memo to know what we know, which is that Biden has the authority to cancel student debt," Brewington said.Americans don't know why Biden won't tell them what will happen to their student debt. Brewington thinks holding back the information is a "political decision." "This is in line with how this administration has been moving politically along with student-debt cancellation, which is dragging their feet in ways that do seem intentional," Brewington said.
He added that Biden might be waiting for a politically advantageous time to cancel student debt, like right before the midterm elections, but there's still a lot of frustration that the memo has existed and the administration has "pretended that it hasn't existed in its entirety."
No need in getting Republicans too upset in trying to overhaul the mess Trump left behind.
Yup because we have so much extra money here in America.
What about black student loans are being paid? Clark Un in Atlanta awhile back &hardly a WORD all got paid off.2Billion available for black colleges? Is this TRUE Said in the article black paid off per whites grad they make more money? I worked as RN to help mine & they worked.
Whaaat!! Do a swap and see the struggles, family, debt, home, jobs, see why there needs to be negotiations of a better plan.