The opinion affirms the “power of the purse” belongs to Congress.
The Supreme Court declared that President Biden’s administration does not have the authority to take unilateral action to forgive or cancel hundreds of billions in student loan debt.
The majority opinion, written by Chief Justice John Roberts, stated the administration’s “Department of Education had no authorization for the Secretary’s plan when examined using the ordinary tools of statutory interpretation—let alone ‘clear congressional authorization’ for such a program.”
The court had merged two cases on student loans, one brought by state attorneys general and the other by two private student borrowers. The court ruled the states had standing while the borrowers did not.
Payments on student loans had been paused during COVID, along with accrual of interest, first by President Trump’s administration and then continued by President Biden. Interest charges are set to resume in September and repayment schedules restart in early October.
As the Lord Leads, Pray with Us…
- For the president and his advisors as they consider alternative options for debt relief for student borrowers.
- For Secretary Cardona to seek God’s guidance as he heads the Education Department.
- For Chief Operating Officer Richard Cordray as he oversees the Office of Federal Student Aid.
Sources: Washington Examiner, CNN
