Episode 245: Legalities of Student Loan Forgiveness

Hello, I’m Michael Watson and this is the InfluenceWatch Podcast. A few months ago, President Joe Biden announced that the government would “forgive” up to $10,000 per borrower in federal student loan debt with at best dubious legal justification, with a cost to the Treasury estimated at $300 billion if it were to go into effect. Lawsuits immediately flew. One such lawsuit was filed in Texas with the support of the Job Creators Network Foundation, challenging the action as unconstitutional. Last week, the program was struck down at the trial court level; joining us to discuss the litigation is JCN Foundation’s Chief Legal Officer Karen Harned. Links: https://www.nationalreview.com/news/federal-judge-strikes-down-biden-student-loan-forgiveness/