Students waited overnight to hear the Supreme Court’s oral arguments on the university debt issue.
“The purpose of this bill is simple.”
On March 25, 2003, Rep. John Klein, a former Marine Corps helicopter pilot in Vietnam, said when introducing the Higher Education Relief Opportunities Act for Students:
“It expands certain waiver powers within Title IV of the Higher Education Act to the Secretary of Education, and by providing support and flexibility to the Secretary of Education as he moves in and out of postsecondary education, we in uniform It allows us to maintain our commitment to men and women in a time of national emergency,” Klein said.
“This exemption addresses the need to support students who are active or called up to active duty,” Klein said.
“In many cases, the American military is also a student,” Klein said. “These heroes deserve the flexibility and care that higher education institutions can offer as they unfold and return to the classroom.”
When the bill was put to a vote on April 1, 2003, Klein reiterated that its purpose was to support the men and women who have served in their country’s armed forces.
“The HEROES Act ensures that uniformed men and women will not face education-related financial or administrative problems while defending the country,” he said.
“The HEROES Act accomplishes this by empowering the Secretary of Education to address the specific needs of each student whose education has been interrupted when convened.
“This bill is intended to ensure that our men and women are reliably protected as a result of war, military emergency operations, or national emergencies,” Klein said.
“By giving the Secretary of Education flexibility, the HEROES Act protects student financial aid beneficiaries from further financial hardships that arise when they are called up, and allows them to manage without affecting the integrity of the program. Minimize above requirements and adjust calculations to determine financial need to accurately reflect the financial situation of individuals and their families, and give the Secretary the authority to address issues not yet foreseen. used to give
This was the “specific” intent of the HEROES Act as laid out by its major sponsors, but the actual wording of the bill was not specific enough.
It provides the Secretary of Education with “a waiver or modification that the Secretary of Education may have in connection with a war or other military operation or national emergency, or as permitted by paragraph (2).”
Paragraph (2) of the Act states that the secretary is empowered to waive or amend the provisions contained in paragraph (1) where necessary to ensure that: An individual will not be financially disadvantaged in relation to their financial assistance because of their status as an affected individual. ”
Flash forward to August 24, 2022. Using the HEROES Act as justification, President Joe Biden’s Department of Education announced that day it would cancel $20,000 in student loan debt and $10,000 in uncovered student loan debt for those who received Pell’s grants. . – Pell Grant Winner. This loan forgiveness applies to individuals with annual incomes up to $125,000 and households with annual incomes up to $250,000.
A month later, the Congressional Budget Office sent a letter to lawmakers providing an analysis of Biden’s actions. For $10,000 of debt issued on or before June 30, 2022, to borrowers whose income is below the specified limit, and at least one of which he received Pell grants For borrowers like him additional $10,000.
The word “cost” here means the amount taxpayers will be charged, or the amount the federal debt will increase, to cover the loan Biden is willing to let.
Several states, including Nebraska, have filed lawsuits to stop Biden’s plans. . This week, the Supreme Court heard oral arguments on Biden’s plans.
In a brief filed with the court, Attorney General Elizabeth Preloger justified Biden’s August 2022 student loan forgiveness declaration that the ’emergency’ was the COVID-19 pandemic that began in early 2020. claimed.
“(T)His plan,” she said. ”
What she meant was that Americans who didn’t go to college, who paid off their student loans, or who paid for their college education, were permanently deprived of the government’s voluntary student loans. It was that they would have to be forced by the government to pay.
They do this by paying taxes to cover the interest on the debt that the government itself incurred when it first funded these loans.
“The president is attempting one of the greatest wealth transfers in American history,” said 17 states, including Utah, in a Supreme Court opinion.
Courts must stop it.
Terence Jeffrey is the managing editor of CNSNews.