NCLA Tells Department of Education Its Newest Student Loan Debt Cancellation Plan Is Unlawful
Congress has repeatedly declined to erase such debt, and the Department of Education lacks legal authority to do so unilaterally.
- Congress has repeatedly declined to erase such debt, and the Department of Education lacks legal authority to do so unilaterally.
- NCLA calls for an end to this latest Biden Administration attempt at subverting the rule of law to erase student loan debt.
- The Department’s new proposal, published in April after negotiated rulemaking, would cancel specific loans held under the Federal Family Education Loan program, the Direct Loan program, the Perkins Loan program, and the Health Education Assistance Loan program.
- The Department claims a section of the Higher Education Act of 1965 gives the Secretary of Education unfettered power to cancel any federally-held student loan debt.