WASHINGTON—Heritage Action, a conservative grassroots organization with 2.5 million activists nationwide, launched a new comment portal to combat President Biden’s latest illegal student loan bailout. This is the Biden–Harris administration’s fifth attempt to transfer student loan debt onto hardworking Americans.
Heritage Action Executive Vice President Ryan Walker released the following statement announcing the comment portal:
“Once again, the Biden–Harris administration is disregarding the rule of law and saddling Americans with billions of dollars in student loan debt. This is a last-ditch effort to push through a radical policy in the administration’s final days in office and salvage what’s left of their unpopular political agenda.
“American voters have overwhelmingly rejected the Biden–Harris administration’s past student loan schemes by submitting over 35,000 public comments to the federal registry. This administration should not be given another chance to transfer this burden onto hardworking taxpayers. Heritage Action proudly stands with grassroots activists who demand the Biden–Harris administration abandon this illegal attempt to pick winners and losers.”
Pursuant to the federal rulemaking process, Americans have until December 2nd to submit a comment.
BACKGROUND:
Since taking office, President Biden has made several attempts to undermine the law and punish taxpayers in the name of student loan “forgiveness.” While the initial student loan cancellation scheme Biden announced in August 2022 was found unlawful by the Supreme Court, Biden and his administration do not give up easily in their fight to use unconstitutional executive overreach and taxpayer dollars to force their agenda on Americans.
The big lie of student-loan “forgiveness” is that debt can be forgiven—it can only be transferred, not erased. The result is a financially unsustainable cycle where tuition rates skyrocket, debt spirals, college graduates advocate for special treatment, and the government hands taxpayers the bill.
The vast majority of Americans did not attend college—and 87% do not have student loans. Two-thirds of debt holders who would benefit from the Biden plan are in the top 60% of all earners in the country. Meanwhile, more than 75% of Americans oppose Biden’s plans if they add to inflation and 64% oppose if they would raise taxes.
Heritage Action: Comment Portal: Biden’s Student Loan Debt Transfer
Heritage Action: Heritage Action Drives More Than 10,000 Comments in Two Weeks to Oppose Biden’s Latest Student Loan Bailout
Heritage Action: Biden’s Big Ed Bailout
The Heritage Foundation: Why Biden’s Student Loan Bailout Is Unfair
The Heritage Foundation: Student Loan Forgiveness Scheme Unlawful
The Daily Signal: Record-Breaking Flood of Comments Condemns Biden’s Latest Student Loan Scheme