re: Biden's Back Door Student Loan Forgiveness

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This should not hold up in court

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He’s going to go through the APA and use negotiated rule making, which means it will take over a year or two for these changes to go into effect. My understanding is that governing repayment plans is well within the scope of the Higher Education Act. It’s not blanket forgiveness and still requires people who make money to pay back on their loans.

It’s a delicate balance for Republicans as well. If they oppose this entirely it’s dangerous considering that millennials are soon going to be the voting majority and student loan reform is a big issue for a lot of them. And most people don’t have an issue with zero or one percent interest in loans.