Home News The Biden Administration Continues to Push for Their Unconstitutional Student loan Bailout

The Biden Administration Continues to Push for Their Unconstitutional Student loan Bailout

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Biden’s administration continues to try to get their unconstitutional student loans bailout passed.

Even Nancy Pelosi said that Biden doesn’t have the power to do this when she was asked about it last year.

Biden and Dems now want to use fear to get people to accept it.

CNBC reports:

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Biden administration warns of ‘historically large increase’ in student loan defaults without debt forgiveness

Student loan default rates could dramatically spike if the Biden administration’s loan forgiveness plan is blocked, a top official at the U.S. Department of Education said in a new court filing.

The warning came as the Department of Justice asked a federal judge in Texas to stay an order that has temporarily blocked the Biden administration’s debt relief program.

“Unless the [Education] Department is allowed to provide debt relief, we anticipate there could be an historically large increase in the amount of federal student loan delinquency and defaults as a result of the COVID-19 pandemic,” Education Department Undersecretary James Kvaal said in the…



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