Job Creators Network Criticizes Potential 'Workarounds' for Student Loan Forgiveness

Created: JANUARY 24, 2025

The Biden administration's Department of Education is reportedly exploring alternative avenues for student loan forgiveness, should the Supreme Court reject their current plan. This has drawn criticism from the Job Creators Network, a group actively challenging the existing proposal in court.

The Job Creators Network President, Alfredo Ortiz, expressed his concerns on Fox & Friends, highlighting the bipartisan rejection of the initial plan by both the House and Senate. He characterized the potential "workarounds" as further administrative overreach, similar to the new income-driven repayment plan that reduces payments to 5% of discretionary income. Ortiz emphasized that his organization is prepared to legally challenge any alternative forgiveness plans the administration might implement.

Department of Education Building.

The original plan, estimated to cost over $400 billion, has sparked controversy and accusations of unfairness to those who responsibly managed their college finances or chose not to attend college. Critics argue this forgiveness plan does not address the core issue of rising tuition costs.

President Joe Biden

Ortiz criticized the administration's approach, accusing them of disregarding the system of checks and balances. He reiterated that the legal challenge was necessary to protect taxpayers and address the underlying problem of tuition increases, which he attributes to the nationalization of the student loan system under the Obama administration.

Student loan forgiveness activists

Legal experts predict the Supreme Court will likely strike down the current forgiveness program, viewing it as an overreach of executive power. The impending decision is expected this month.

Supreme Court ‘likely’ to shoot down Biden’s student loan forgiveness plan: Carrie Severino

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