Such an executive order is highly questionable and it would be extremely bad policy.
The Committee for a Responsible Federal Budget has a great breakdown of why this is so.
The Left has intensified its calls for Joe Biden to forgive student debt via executive order.
Bad policy, bad law, bad politics.
Federal student aid is the cause of the upward ratcheting of credential inflation we have had over the last 40-plus years.
We really should get the federal government completely out of college finance, but until such time, Cooper's reforms are good ones.
Young people who are worried about student debt should . . . study a lot harder.
Lots of young people spend years of their lives and plenty of often borrowed money to earn degrees that don't lead to financial success.
Kat Timpf criticizes Senator Bernie Sanders's response to a student after she asked how he would pay for her student loan debt at a recent CNN town hall.