John,

 

We applaud the Supreme Court decision to reject President Biden's unconstitutional attempt to bypass Congress and unilaterally cancel hundreds of billions of dollars in student loan debt. 

 

This ruling is a victory for the rule of law and for taxpayers who would have been forced to foot the bill for this misguided policy. 

 

Make no mistake, the cost of higher education is a serious issue. 

 

But cancelling debt for some Americans at a massive cost to other Americans is not the answer.

 

(And Biden doing it by executive fiat is even worse.) 

 

Big government politicians want to push plans that make them popular temporarily, rather than solving root problems. Doubling down on the problem instead of fixing it makes things worse by incentivizing schools to keep pushing costs higher.  

 

This is a critical time to focus on real reforms that will make college more affordable. 

 

Lots of solutions exist to foster more competition, innovation, and accountability in higher education and promote vocational training and other alternative pathways to success.  

 

AFP will continue to advocate for policies that empower individuals to make their own choices about their education and their future. 

 

But today, it is worth celebrating that the Supreme Court stopped Biden’s power grab and protected the processes established by the Constitution to ensure that Americans’ elected representatives play their proper role in making policy decisions of vast economic importance. 

 

Best,

- Akash

 

Akash Chougule

Vice President of Government Affairs

Americans for Prosperity

 

P.S. Americans for Prosperity has been a leading voice in opposing the Biden Administration's proposed student loan bailout from the beginning. Read our recent letter to Congress HERE and the amicus brief Americans for Prosperity Foundation filed in the Biden v. Nebraska and Dept. of Education v. Myra Brown cases.