{"id":2283711,"date":"2024-06-26T06:22:02","date_gmt":"2024-06-26T10:22:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-student-loan-plans-reined-in-but-still-alive-for-election-washington-examiner\/"},"modified":"2024-06-26T06:24:59","modified_gmt":"2024-06-26T10:24:59","slug":"biden-student-loan-plans-reined-in-but-still-alive-for-election-washington-examiner","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-student-loan-plans-reined-in-but-still-alive-for-election-washington-examiner\/","title":{"rendered":"Biden student loan plans reined in \u2014 but still alive for election &#8211; Washington Examiner"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">30<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbiden-student-loan-plans-reined-in-but-still-alive-for-election-washington-examiner%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2283711&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>President Joe Biden&#8217;s efforts to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/chuck-schumer-quietly-shutting-down-alexandria-ocasio-cortez-primary-challenge\/\" title=\"Chuck Schumer Quietly Shutting Down Alexandria Ocasio-Cortez Primary Challenge\">cancel student loan debt<\/a> through the Saving\u2063 on a Valuable Education (SAVE) program have faced legal hurdles, with partial\u200d blocks\u2063 by federal judges in \u2062Missouri and\u2063 Kansas. These setbacks temporarily prevent the full implementation of the plan, affecting millions who anticipated debt reduction or cancellation. Despite the \u200dSupreme Court previously deciding against an earlier version of loan forgiveness for overstepping presidential authority, the\u200b White House remains committed to\u2063 advocating for student\u2064 debt cancellation \u2062as a key issue in\u2064 Biden&#8217;s re-election campaign. Opposition parties and certain\u200b <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ftc-launches-antitrust-suit-against-amazon-over-illegal-monopoly-officials-say\/\" title=\"FTC sues Amazon for illegal monopoly, officials claim.\">state attorneys general\u2062 argue<\/a> the program places an unfair financial burden on taxpayers and exceeds\u2062 Biden&#8217;s authority. The ongoing legal battles \u2064and the political focus on <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-student-loan-bailout-for-the-rich-as-750000-recipients-are-making-over-312000-year\/\" title=\"Biden's student loan forgiveness benefits the wealthy, with 750,000 recipients earning over 2,000 annually\">student loan forgiveness highlight<\/a> the administration&#8217;s determination to address this issue, which is particularly significant to younger voters and influential in the upcoming 2024 elections.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<div>\n<p>President <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/joe-biden\/\" target=\"_blank\" rel=\"noopener\" title=\"Joe Biden\">Joe Biden<\/a>\u2018s plans to cancel student loan debt have been partially blocked thanks to a pair of court rulings, but the matter remains alive for both sides in the <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/2024-elections\/\" target=\"_blank\" rel=\"noopener\" title=\"2024 election\">2024 election<\/a>.<\/p>\n<p>Responding to lawsuits filed by a pair of Republican attorneys general, federal judges in Missouri and Kansas ruled this week that Biden\u2019s Saving on a Valuable Education <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/student-loans\/\" target=\"_blank\" rel=\"noopener\" title=\"(SAVE) program\">program<\/a> cannot be fully implemented, temporarily pausing major elements until the case is decided.<\/p>\n<p>That means millions of people with student loans who were set to have them reduced or even completely written off may no longer receive that benefit. The rulings are not final, but the freeze is the latest setback for Biden after the Supreme Court decided a prior iteration of student loan cancellation exceeded his authority last year.<\/p>\n<p>The <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/white-house\/\" target=\"_blank\" rel=\"noopener\" title=\"White House\">White House<\/a> responded to the court decisions by blaming Republicans and \u201cspecial interests\u201d opposed to Biden\u2019s agenda. But the statement by press secretary <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/karine-jean-pierre\/\" target=\"_blank\" rel=\"noopener\" title=\"White House\">Karine Jean-Pierre<\/a> also underscores the ways in which the president is determined to make student debt a campaign issue as he runs for a second term.<\/p>\n<p>He has struggled with support from young voters, in part due to his handling of the war in Gaza, but student loans are one domestic matter that could appeal to the largely Democratic group.<\/p>\n<p>\u201cWe will continue to provide this long-overdue relief, no matter how many times Republican elected officials and their allies try to stop us,\u201d Jean-Pierre said.<\/p>\n<p>The two judges, both Obama appointees, did not fully block the SAVE plan. Debt for 414,000 borrowers in the amount of $5.5 billion has already been forgiven, and the rulings will not attempt to claw those amounts back. But far larger amounts that would be written off over the next 10 years have been put on hold for now.<\/p>\n<p>A second phase of the program would have taken effect Monday, recalculating future payments at less than half of what they are now, but that will not happen due to the rulings.<\/p>\n<p>Most loans that qualify for the SAVE Plan are never fully repaid, leaving the balance to fall on taxpayers. The Penn Wharton Budget Model <a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/2962858\/new-biden-student-loan-forgiveness-plan-would-cost-84-billion-if-implemented-analysis\/\" target=\"_blank\" rel=\"noopener\" title>estimated<\/a> that Biden\u2019s SAVE program could cost taxpayers $475 billion, an amount that will be far lower if the rulings stand.<\/p>\n<p>Missouri Attorney General Andrew Bailey celebrated the news, <a href=\"https:\/\/www.washingtonexaminer.com\/policy\/education\/3057665\/parts-of-biden-student-loan-forgiveness-plan-blocked-by-judges\/\" target=\"_blank\" rel=\"noopener\" title=\"saying\">posting<\/a> on X, \u201cCongress never gave Biden the authority to saddle working Americans with half-a-trillion dollars in other people\u2019s debt. A huge win for the Constitution.\u201d<\/p>\n<p>Kansas Attorney General Kris Kobach called Biden\u2019s plan \u201cunfair,\u201d <a href=\"https:\/\/x.com\/KrisKobach1787\/status\/1805581480216650135\" target=\"_blank\" rel=\"noopener\" title>adding<\/a> that \u201cBlue collar Kansas workers who didn\u2019t go to college shouldn\u2019t have to pay off the student loans of New Yorkers with gender studies degrees.\u201d<\/p>\n<p>But the Biden campaign pointed the finger at someone else \u2014 former President <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/donald-trump\" target=\"_blank\" rel=\"noopener\" title=\"Donald Trump\">Donald Trump<\/a>.<\/p>\n<p>\u201cJoe Biden understands it\u2019s his job to make Americans\u2019 lives better, and that\u2019s exactly why he\u2019s fighting like hell to ease the burden of student debt,\u201d Biden campaign spokesman Seth Schuster said. \u201cDonald Trump doesn\u2019t care about making Americans\u2019 lives better \u2014 he\u2019s only running for himself, and he\u2019s doing everything he can to bury the middle class under piles of debt, promising to roll back policies that give the middle class deserved relief.\u201d<\/p>\n<p>Trump has been somewhat less vocal about student loans, and his campaign did not respond to a request for comment from the <em>Washington Examiner. <\/em>However, he did address it during a recent rally in Racine, Wisconsin, implying that Biden\u2019s student debt programs are a campaign stunt.<\/p>\n<p>\u201c[Biden] did that with the tuition and that didn\u2019t work out too well,\u201d Trump said. \u201cHe got <a href=\"https:\/\/www.washingtonexaminer.com\/news\/1533584\/supreme-court-strikes-down-bidens-costly-student-loan-relief-plan\/\" target=\"_blank\" rel=\"noopener\" title=\"rebuked\">rebuked<\/a>, and then he did it again, it\u2019s going to get rebuked again. Even more so, it\u2019s an even more vile attack, but he did that with tuition just to get publicity with the election.\u201d<\/p>\n<p>Despite Trump\u2019s confidence that the SAVE program would get struck down in court, CATO Institute scholar Neal McCluskey said he was not so sure.<\/p>\n<p>\u201cThis wasn\u2019t necessarily expected, and people weren\u2019t sure which way these courts would go,\u201d McCluskey said. \u201cThese were also a little lower-profile because basically, the administration has tried about 1,000 different ways to cancel loans.\u201d<\/p>\n<p><strong><a href=\"https:\/\/www.washingtonexaminer.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER<\/a><\/strong><\/p>\n<p>Support for student loans tends to fall along ideological lines, which is why Democrats are likely to keep pushing cancellation and Republicans will keep opposing it. <\/p>\n<p>A recent <em>Associated Press<\/em>-NORC <a href=\"https:\/\/apnews.com\/article\/student-loan-cancellation-forgiveness-college-debt-e5ad2748058cfd037e0323321f532836\" target=\"_blank\" rel=\"noopener\" title=\"poll\">poll<\/a> found that four in 10 adults think it is extremely or very important for the federal government to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/aoc-rages-at-biden-its-time-to-take-off-the-gloves-and-govern\/\" title=\"AOC Rages At Biden: \u2018It\u2019s Time To Take Off The Gloves And Govern\u2019\">provide student debt relief<\/a>, but while just 15% of Republicans agree, 58% of Democrats support the idea.<\/p>\n<\/p><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Joe Biden&#8217;s student loan forgiveness initiative was partially halted by court decisions in Missouri and Kansas, following challenges by Republican attorneys general. Despite these setbacks, the issue persists as a significant topic for the 2024 election<\/p>\n","protected":false},"author":2635,"featured_media":2283712,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/06\/student-loans-protest.webp","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[3620,3728,3641,32783,32076],"class_list":["post-2283711","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner","tag-biden","tag-election","tag-plans","tag-student-loans","tag-washington-examiner"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/06\/student-loans-protest.webp","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2283711","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2635"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2283711"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2283711\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2283712"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2283711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2283711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2283711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}