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Reason
Reason
Jacob Sullum

Biden Mistakenly Imagines That Congress Approved His Student Debt Cancellation Scheme

President Joe Biden recently claimed his student loan forgiveness plan was authorized by "a law" that he "just signed" after Congress narrowly approved it. "It's passed," he said during a NowThis News panel discussion. "I got it passed by a vote or two."

In reality, the debt cancellation program was never approved by Congress, which is the main argument underlying several legal challenges to it. By trying to unilaterally relieve some 43 million Americans of the obligation to repay the money they borrowed for college, those lawsuits say, the Biden administration overstepped its statutory authority, violating the rule of law and the constitutional separation of powers.

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