Biden administration unveils ‘major step’ towards massive new round of student loan handouts

[Hollie]

No, they work within the existing framework of current legislation which was passed fifteen years ago. The SC said they could not use an existing law for social upheaval such as the pandemic as a reason for remedy.

Link to the legislation that allows transfer of student drbt to taxpayers without approval of congress.

 

[Moonglow]

Link to the legislation that allows transfer of student drbt to taxpayers without approval of congress.

congress approved the law in 2007, I am surprised you have never heard of it, but you probably didn't have college debt.

34 CFR § 685.219 - Public Service Loan Forgiveness Program (PSLF).

www.law.cornell.edu

 

[Hollie]

congress approved the law in 2007, I am surprised you have never heard of it, but you probably didn't have college debt.

34 CFR § 685.219 - Public Service Loan Forgiveness Program (PSLF).

www.law.cornell.edu

You should have read the code section you posted. You missed the part about public service employment".

 

[Moonglow]

You should have read the code section you posted. You missed the part about public service employment".

And you missed where loans that have been paid on over 120 payments were forgiven

 

[Hollie]

And you missed where loans that have been paid on over 120 payments were forgiven

Irrelevant. Mass transfer of student loan debt is not allowed per the law you posted and per the USSC.