by Beth Akers
Rather than correcting course and working with Congress to help borrowers, the president has doubled down on legally dubious executive action.
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President Joe Biden delivers remarks on extreme heat conditions as he stands with Administrator Dr. Rick Spinrad of the NOAA at the White House campus, in Washington, D.C., July 27, 2023.
Jonathan Ernst/Reuters
Following the Supreme Court’s decision in Biden v. Nebraska, student-loan borrowers across the country are left wondering, What now?
Their frustration is well-founded. A year ago, they were promised $10,000–20,000 in “forgiveness” by President Biden. Now they’re facing the prospect of repayment once the three-year-long pause on repayment and interest accrual expires.
About the Author
Beth Akers is a senior fellow at the American Enterprise Institute.
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Following the Supreme Court’s decision in Biden v. Nebraska, student-loan borrowers across the country are left wondering, What now?
Their frustration is well-founded. A year ago, they were promised $10,000–20,000 in “forgiveness” by President Biden. Now they’re facing the prospect of repayment once the three-year-long pause on repayment and interest accrual expires.
About the Author
Beth Akers is a senior fellow at the American Enterprise Institute.
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