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June 30, 2023

This morning, in a long-awaited 6-3 decision, the Supreme Court ruled that the Biden Administration cannot go forward with its $430 billion student loan bailout program.

The SCOTUS ruled that the “Heroes Act,” which was passed after 9/11 and allowed for student loan forgiveness for active-duty military members and victims of war and natural disasters, was not justification for Biden’s gigantic giveaway to anyone with a student loan. The Court found that a federal agency’s ability to “modify” a law is narrow and limited, and they can’t completely rewrite law without going through Congress.

Those of you who have ever read the Constitution – or even been in the immediate vicinity of a copy of it – won’t be surprised to hear that, but apparently, the Biden White House was.

So, sorry, all you young voters who blunted the “red wave” by voting Democrat because you thought the government was going to pay your debts for you, that’s not going to happen. Think of it as a very costly lesson in how life and politics really work. If it’s any consolation, know that you are hardly the only ones suffering deep regret over the way that you voted.

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