this post was submitted on 30 Jun 2023
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United States | News & Politics
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Are there any legal experts who could chime in to help me understand the why of this decision?
If these loans are held by the executive branch, why aren't they allowed to cancel their own loans? Is there really a federal law on the books against this?
That seems... tenuous? This strikes me as a traffic-ticket kind of situation where there are multiple equally legal courses of action that the official can choose to apply. If the department is charged with enforcing the terms of a loan contract and that contract contains a cancellation clause, on what basis is the court ruling that invoking cancellation is any different from acceptable actions like invoking a lien?