Senator Deb Fischer | Deb Fischer Official Photo
Senator Deb Fischer | Deb Fischer Official Photo
LINCOLN, NEB. – U.S. Senator Deb Fischer (R-Neb.) issued the following statement after the U.S. Supreme Court released its ruling in Biden v. Nebraska. The decision overturned President Biden’s student loan cancelation scheme, which would transfer up to $20,000 in student loan debt per borrower onto taxpayers, costing an estimated $400 billion.
On Jun 30 2023, the Supreme Court delivered a victory for common sense. The millions of hard-working Americans who paid their debts or did not go to college shouldn’t be forced to bear the burden of others’ debt.
“From the beginning, I’ve said President Biden didn’t have the legal authority to pursue such a reckless loan transfer. I commend Nebraska Attorney General Hilgers for spearheading this effort and protecting Nebraskans from a deeply unfair proposal.
“It’s time the administration work with Congress on policies that address the root causes of high tuition and provide the public with better access to more educational opportunities.”
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