The Supreme Court's hazardous ruling against Biden's student loan forgiveness
In striking down the Biden administration’s student loan forgiveness program, the Supreme Court ignored one of the most basic principles of law: When the text of a law is clear, it must be followed unless it is unconstitutional.
A federal statute, the Higher Education Relief Opportunities for Students Act of 2003 (HEROES Act), explicitly authorizes the Secretary of Education to “waive or modify” student loan obligations. That is exactly what President Biden did in his loan forgiveness program, but the court, ruling 6-3, decided that he lacked authority under the law...