Is Biden's Automatic Student Loan Forgiveness Legal?

The Biden Administration has been automatically forgiving student loans for 100,000s of borrowers. But is it legal? We break it down here: https://theci.co/automatic-loan-forgi... Here's what we're talking about in this video: 0:00 - Borrowers are receiving automatic forgiveness 0:59 - What the Biden administration is doing 1:11 - How much forgiveness has been applied 1:49 - Timeline of student loan forgiveness action 3:45 - Forgiveness programs that are automatic 5:09 - Update on Public Service Loan Forgiveness 5:46 - Other actions that have taken place 6:34 - Is broad student loan forgiveness legal? 7:46 - How automatic student loan forgiveness could change ▶︎ How to budget as a college student with variable income and expenses ▶︎ Budget categories for students ▶︎ Sample college budgets ▶︎ Budgeting tools ★☆★Resources Mentioned in this video:★☆★ 💵 PSLF Update: https://thecollegeinvestor.com/38337/... 💵 State Taxes And Loan Forgiveness: https://thecollegeinvestor.com/36107/... ★☆★ Want More From The College Investor? ★☆★ 💻 Check out the website here: https://thecollegeinvestor.com/