Biden is citing the Higher Education Act for his new student debt forgiveness program. Will this program fare better than the last? See analysis across the spectrum from NewsNation, dcexaminer, and abcnews:
relies on authority given by the 1965 Higher Education Act. Will this program fare better than Biden’s previous effort to forgive student debt? The Higher Education Act, established under President Lyndon B. Johnson in 1965, includes a provision that allows the Education Secretary to “compromise, waive, or release any right, title, claim, lien, or demand, however acquired, including any equity or any right of redemption.
. The Higher Education Act, on the other hand, does not rely on a national crisis to authorize debt forgiveness. For this reason, many progressive lawmakers have advocated Biden pursue this course of action from the start.
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