Skip to content
Ticker Tape
Finance Prepper

Finance Prepper

Real Polls

Menu
  • HOME
  • Daily Poll
  • Cryptocurrency
  • Finance

Biden Blocked From Forgiving Student Loans

by Market FinancePosted onSeptember 28, 2022September 28, 2022

Things are about to get ugly.

It has now been learned that the Pacific Legal Foundation (PLF), which is a nonprofit legal group, has just become the first group of people to challenge President Biden’s decision to forgive mass amounts of student loans for college loan debt holders.

According to Newsmax, the PLF just slapped President Biden’s administration with a federal lawsuit in the U.S. District Courts and are claiming that President Biden’s $400 billion executive order to forgive student debt is completely unconstitutional.

PLF attorney Caleb Kruckenberg broke the bad news to Biden and said in a statement, “It’s flagrantly illegal for the executive branch to create a … program by press release. And without statutory authority or even the basic notice and comment procedure for new regulations.”

Biden announced to forgive anywhere from $10,000 to $20,000 in student loan debt depending on a persons situation.

At the moment it is unclear if Biden will be stopped from forgiving student loan debt. However, it is clear that the PLF and a number of other organizations will fight to stop him.

Popular This Week

Garth Brooks Flips On Republicans

Essential Business Flees Democrat City

Democrats Paying Illegals How Much Per Week?

Retailer’s Solution To Stop Democrat Endorsed Theft

Trump vs DeSantis: Who Will Really Fix U.S. Economy?

Democrats Cause Major Retailer To Go Belly Up

White House Escalates Problems With China

$4,555 Social Security Checks On The Way?

Americans Kiss Their Jobs Goodbye

GOP Sounds Alarm, Retirement Doomed

Posted in FinanceTagged amazon, AMC, Biden, Bitcoin, bitcoin merchant account, bitcoin mining cloud computing, bitcoin stock chart, business, buy stocks with bitcoin, car insurance, company, crisis, crypto, cryptocurrency, Doge, DOW, DOW Jones, ethereum, Finance, GME, how to invest in bitcoin stock, inflation, investing, market, mortgage, oil, OPEC, Poll, real estate, S&P, S&P 500, stock market, stocks, supply chain, Tax, taxation, Tesla, trading

Published by Market Finance

View all posts by Market Finance

Post navigation

Prev Biden Blames Gas Stations For High Prices, Do You Agree?
Next One State Offers Largest Tax Cut In History
Powered by Investing.com

What’s Your Opinion?

  • Garth Brooks Flips On Republicans
  • Essential Business Flees Democrat City
  • Biden Says He Added More Jobs Than Any Other President, You Agree?
  • Democrats Paying Illegals How Much Per Week?
  • Retailer’s Solution To Stop Democrat Endorsed Theft

Tags

amazon AMC Biden Bitcoin bitcoin merchant account bitcoin mining cloud computing bitcoin stock chart business buy stocks with bitcoin car insurance company conservatives crisis crypto cryptocurrency Doge DOW DOW Jones election ethereum Finance GME Harris how to invest in bitcoin stock inflation investing Joe Biden Kamala market mortgage news oil OPEC Poll real estate republican S&P S&P 500 stock market stocks supply chain Tax taxation Tesla trading
Amphibious Theme by TemplatePocket ⋅ Powered by WordPress