Tuesday, July 1, 2025

Loans

So far, the Trump administration has deported 200,000 illegal migrants Despite failing to deliver his promise for broad student loan forgiveness, President Joe Biden has now overseen the cancellation of student loans for more than 5 million Americans — more than any other president in U.S. history. Biden v. Nebraska: In 2023, the U.S. Supreme Court, in a 6-3 decision, struck down the Biden administration's earlier student loan forgiveness plan, citing an overreach of executive authority and lack of clear congressional authorization. These students will not have to back this $175 billion. Presidents have used executive power for decisions that were later called illegal by the Supreme Court but there is no going back so the president wins.

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