Tag: student loans

U.S. SENATE – U.S. Senator Steve Daines today released the following statement in response to the Supreme Court’s decision to overturn the Biden administration’s student loan bailout.   “Today’s Supreme Court ruling rejecting President Biden’s student loan bailout is a victory for hard-working American taxpayers and the rule of law in America. At its core, this bailout was one of the most extreme examples of executive overreach in history. The President himself even said he wasn’t sure he had the power to forgive $400 billion in student loan relief.  “For too long Democrats from the White House to Congress have invented and abused

U.S. SENATE – U.S. Senator Steve Daines today introduced a bill to help inform Montana students and their families on major financial decisions during the student loan decision-making process. “Montana students should have access to all the information they need in order to make a smart decision about their student loans. My bill helps improve the loan process so students have clear information about the duration of their loan, their expected monthly payment, their expected income after graduation and other important details. While President Biden wants to force Montanans to pay off loans they didn’t take out, I’m focused on addressing real problems—like making sure

U.S. SENATE – U.S. Senator Steve Daines today voted to block the Biden administration’s unconstitutional and irresponsible student loan bailout through a Congressional Review Act (CRA) joint resolution of disapproval. “President Biden’s student loan plan is unconstitutional and irresponsible—it needs to be stopped. The President’s claim that he has the authority to cancel $400 billion in debt is a complete disregard for the separation of powers laid out in the Constitution and it is anything but ‘forgiveness.’ It drives up inflation and puts everyday working Montanans on the hook for loans they didn’t take out, not to mention it’s a slap in the face to folks who worked