Moody joins push to put Biden administration on notice about another student loan rule
Florida Attorney General Ashley Moody is part of a coalition of 23 state AGs working in an effort to stop what it calls the Biden administration’s fourth illegal attempt to “saddle working Americans with someone else’s” student loan debt.
The Department of Education’s new proposed rule would allow the department secretary to establish new loan balance waivers for borrowers deemed to be “experiencing or has experienced hardship related to [their] loan.” Additionally, the proposed rule gives the secretary authority to cancel debt of borrowers who have $0 monthly payments, as even the mere “existence of the debt itself” causes “hardship.”
“Biden clearly does not believe in accountability or the American judicial system,” Moody said. “He pardoned his felony-convicted son, and he continues to try and force hardworking Americans to pay off the student loans of others – even though we challenged these unlawful policies all the way up to the U.S. Supreme Court and won.”