The Failed Legal Case Against Student Debt Jubilee
10 Pages Posted: 23 May 2022
Date Written: May 17, 2022
This paper reviews and rebuts the arguments presented to date that the Executive lacks authority to engage in mass student loan cancellation. Legality skeptics have presented no compelling argument that the relevant statutory text, which authorizes the Secretary of Education to “waive … or release .., any claim” is ambiguous. Without such a showing, all other arguments against the legality of jubilee fail.
Keywords: student loans, student debt, cancellation, forgiveness, jubilee
JEL Classification: K23
Suggested Citation: Suggested Citation
Hunt, John P., The Failed Legal Case Against Student Debt Jubilee (May 17, 2022). Available at SSRN: https://ssrn.com/abstract=4113236 or http://dx.doi.org/10.2139/ssrn.4113236
Do you have a job opening that you would like to promote on SSRN?
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.