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Sunday, December 22, 2024

Rep. Mann Applauds U.S. Supreme Court for Blocking Unconstitutional Mass Student Debt Cancellation

Kstracymann

Congressman Tracey Mann | Congressman Tracey Mann Official Website

Congressman Tracey Mann | Congressman Tracey Mann Official Website

WASHINGTON, D.C. — U.S. Representative Tracey Mann (KS-01) released the following statement applauding the U.S. Supreme Court for ruling President Biden's student debt cancellation plan as unconstitutional. The plan would have canceled more than $400 billion in student loan debt over the next decade, forcing a significant cost onto the shoulders of American taxpayers.

“I applaud the U.S. Supreme Court for rightly ruling against President Biden's unconstitutional student loan debt cancellation," said Rep. Mann. "The President’s plan would have transferred debt from borrowers who took out student loans to hardworking taxpayers who did not. President Biden’s approval rating with young Americans is at 36%, and his efforts to cancel mass student debt are nothing more than a political ploy. With our national debt approaching $32 trillion, and President Biden adding $1 trillion to our national deficit every year, now is not the time to erase debt that student borrowers knowingly took on. Americans deserve a well-developed, long-term solution that addresses the high cost of education - not a short-term band-aid that buys votes and adds to our nation’s record high inflation."

In August 2022, the Biden Administration proposed a three-part student debt relief plan, which included up to $20,000 of debt cancellation to Pell Grant recipients and up to $10,000 in debt cancellation to non-Pell Grant recipients. 

In September 2022, Kansas joined five other states (Missouri, Arkansas, Nebraska, South Carolina, and Iowa) in a lawsuit aimed at blocking the Biden Administration’s student loan forgiveness plan, questioning whether President Biden has the authority to forgive student loans without an act of Congress.

Rep. Mann cosponsored H.J.Res. 45, which would have sought to repeal President Biden’s rule on student loan debt cancelation and prohibit the U.S. Department of Education from issuing similar rules in the future. On May 24, 2023, Rep. Mann voted to revoke President Biden’s rule. That resolution passed in the House of Representatives and later passed in the Senate. President Biden vetoed H.J. Res. 45 on June 7, 2023.

On June 21, 2023, Rep. Mann voted to overturn President Biden's veto of H.J. Res. 45. Click Here to read more about H.J. Res. 45. 

Original source can be found here.        

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