JCNF Press ReleaseJanuary 19, 2024

Job Creators Network Foundation Slams Biden Administration’s Latest Student Loan Workaround

Elaine Parker, president of Job Creators Network Foundation, released the following statement in response to the Biden Administration’s announcement it is forgiving another $4.9 billion in student debt:
“President Biden continues to defy the Supreme Court and Congress by forgiving yet another round of student debt. His lawless actions make a mockery of the separation of powers and set a dangerous precedent that consolidates more power in the executive branch. College students themselves are the biggest losers of Biden’s college debt forgiveness because colleges are given a blank check to continue overcharging and saddling them with debt. Biden must be held accountable for his overreach, either in the courts or at the ballot box this fall.”