konane's Blog

Biden's unconstitutional free ride for student loan borrowers ends August 1

Biden's unconstitutional free ride for student loan borrowers ends August 1

"In an announcement video posted to X, Department of Education Secretary Linda McMahon announced that beginning August 1, the Department of Education will resume charging interest on student loans under the Saving on a Valuable Education (SAVE) Plan enacted under former President Joe Biden. That plan was ruled an unconstitutional overreach of power by the United States Supreme Court in June 2023...."

https://justthenews.com/politics-policy/education/student-loan-borrowers-free-ride-ends-august-1

Entry #8,436