In late August, the Biden administration announced its intent to cancel an estimated $500 billion in student debt held by more than 40 million borrowers. President Biden previously expressed doubts about his authority to take this very action.
Nevertheless, Biden and his Education Department located a previously untapped source of purported authority—the HEROES Act of 2003. This law, passed in the early days of the Iraq War, was meant to temporarily freeze student loans held by service members and their families during times of war or national emergency.
Now the Biden administration has stretched the meaning of “emergency” beyond recognition and attempted an end-run around Congress.
To continue reading this op-ed, visit Fox News.