Debts

Washington, D.C. — In a recent legal development, a lawsuit has been filed alleging that the Biden administration covertly instructed loan servicing companies to forgive student loans. This covert action, as claimed, diverges from usual governmental procedures and has sparked debate on transparency and the limits of executive power. The legal challenge, initiated by several taxpayer groups, argues that such significant financial decisions should not be made without public knowledge and consent. According to the lawsuit, the administration’s quiet directive to cancel millions of dollars in student debt was neither publicly announced nor subjected to … Read more