He has the authority to cancel all student loans but was a coward and decided to not pull the trigger so now here we are with his covid based plan being struck down by the court.

Here’s hoping he actually does use his actual authority to make it happen

Can you please explain it to me like a five year old? The way I understand it is that the cancellation basically means that the federal govt will take on the debt - which amounts to spending. Spending is decided on by the Congress and not the Executive. Having said that, everything could in theory be all good until someone files a lawsuit against the action, which in this case someone did. Am I understanding it correctly?
Congress gave the Secretary of Education broad authority over student loans in national emergencies with the HEROES act. COVID was declared a national emergency. The Supreme Court basically said they can’t do that even though that’s exactly what they wanted to do. It’s pretty plain bullshit. It’s why the dissenting opinion didn’t just disagree. accused the court of grossly overstepping its authority.
The fucking audacity for them to say it requires direct authorization by Congress…what the fuck else do you call the HEROES act…it was passed by Congress to authorize exactly the kind of things they used it for, such as and including loan forgiveness…these Republican assholes in the supreme Court are openly mocking the court and showing everyone their asses because they know you can’t do a thing about it. So tired of this shit
Exactly. They’re not arguing that it’s unconstitutional, they’re arguing that Congress can’t do that…lol. The SCOTUS put themselves in charge of Congress.