The Biden-Harris administration continues to persist in its endeavor to cancel student loan debt, despite being shut down more times than a pop-up tent at a windy picnic. With plans that resemble a game of “hide and seek” and a blatant disregard for the Constitution, the administration seems to think they can just wish away hundreds of billions of dollars in federal student loan obligations. This time, however, a coalition of seven Republican-led states decided they had seen enough and filed a lawsuit to stomp out this fiscal folly.
Missouri Attorney General Andrew Bailey, the bulldog leading this charge, wasted no time in mobilizing the GOP troops. Within a mere 48 hours after filing the suit, the effort bore fruit as a Georgia federal judge granted an emergency restraining order against the Education Department’s latest attempt to slide through a mass debt cancellation plan under the cover of darkness. Apparently, throwing spaghetti at the wall isn’t just a metaphor for failed policy but a strategy for this administration as they keep attempting to cancel student loans for those who signed the dotted line.
Missouri AG Scores Major Win As Supreme Court Blocks Biden-Harris 'Clandestine' $500B Student Loan Forgiveness Scheme pic.twitter.com/LIXk7dmxkX
— Simon Ateba (@simonateba) September 5, 2024
The suit alleges the administration is attempting to shove through a new rule that would mass-cancel these loans before anyone—Congress, the public, and certainly not the working man—could weigh in. The Missouri AG asserted that the Biden-Harris duo seems intent on tying hardworking Americans to the debt of the nation’s top academic institutions, all while breaking a few laws along the way. One might wonder if they think the average American wants to be on the hook for another Ivy League’s student loan bill.
Not surprisingly, the administration’s latest plan to distribute magical debt relief popped up shortly after the Supreme Court tossed another of their debt-clearing schemes into the trash bin of history. It seems those who eagerly try to gamble away taxpayer dollars should maybe reconsider their betting strategies. In swift fashion, Missouri’s AG celebrated a “huge victory” for the American people. Who knew stopping the government from playing Santa Claus with student loan money could be so thrilling?
The lawsuit outlined a blatant attempt to enact what can only be described as an educational fantasyland plan—one that involves secretly implementing debt cancellation like a magician’s trick, complete with smoke and mirrors. As the documents came to light, it was revealed that federal contractors were already prepped and instructed to initiate loan forgiveness as early as September 2024, undoubtedly in the hopes that no one would notice.
With a judge ringing the bell to start the next round in this legal showdown, the temporary restraining order ensures that the Biden-Harris administration is put on notice: No mass cancellations, no forgiveness of principal or interest, and certainly no further actions under this guise of debt relief. With a hearing slated for September 18, the question now remains: How many more times will the administration attempt to implement a scheme that has already been buried in legal defeats? The saga continues, but for now, working Americans can rest a little easier knowing their bank accounts won’t be pillaged by bureaucrats masquerading as debt relief crusaders.