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Job Creators Network Foundation files lawsuit to block Biden’s student loan bailout

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The Job Creators Network Foundation (JCNF) Legal Action Fund (LAF) filed a lawsuit to block the Biden administration’s student loan bailout, declaring it illegal. The lawsuit, filed in the District Court for the Northern District of Texas, Forth Worth Division, argues that the bailout violates the Administrative Procedure Act’s notice-and-comment procedures.

The complaint features two plaintiffs who have been “harmed by this arbitrary executive overreach. It calls on the court to stop this counterproductive, inflationary, and unfair action from taking effect.”

Read the complaint HERE

JCNF President Elaine Parker released the following statement:

“Our lawsuit intends to block the Biden administration’s student loan bailout, which is an unprecedented executive power grab. The administration’s action does nothing to address the root cause of unaffordable tuition: greedy and bloated colleges that raise tuition far more than inflation year after year while sitting on $700 billion in endowments. Colleges need to be held accountable for their outrageous tuition prices that fund high executive pay, an army of administrators who provide little-to-no value, and the construction of resort-style amenities. College endowments, not taxpayers, should be responsible for helping students drowning in debt…

…By shifting the burden to taxpayers, including those who didn’t go to college or paid their student loans back, colleges escape responsibility for their actions creating the student loan crisis. They are given carte blanche to continue their ridiculous pricing. Bailing out this debt only kicks this problem down the road. By blocking this inflationary taxpayer bailout, JCN’s lawsuit can lay the groundwork to actually solve the student debt crisis by holding its college perpetrators accountable.”

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BREAKING: Disney drops suit challenging special district status in settlement with Florida, DeSantis

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A settlement was reached Wednesday in the two-year lawsuit over who controls the special governing district that encompasses the Walt Disney World Resort, which includes Disney dropping its lawsuitsagainst a newly created tourism board.

“We are glad that Disney has dropped its lawsuits against the new Central Florida Tourism Oversight District and conceded that their last-minute development agreements are null, void, and unenforceable,” Bryan Griffin, DeSantis’ communications director, said in a statement. “No corporation should be its own government. Moving forward, we stand ready to work with Disney and the District to help promote economic growth, family-friendly tourism, and accountable government in Central Florida.”

Fox News explains the dispute began “after Disney’s criticism of Florida’s Parental Rights in Education Act – derided by critics as the so-called “Don’t Say Gay” bill – prompted the DeSantis administration to revoke the special Disney-controlled tax district that gave the entertainment autonomy over its theme parks in the region.”

“No corporation should be its own government,” Bryan Griffin, a spokesman for the governor, said in an emailed statement. “Moving forward, we stand ready to work with Disney and the District to help promote economic growth, family-friendly tourism, and accountable government in Central Florida.”

Misleadingly deemed the “Don’t Say Gay” bill, prohibited the teaching of sexual orientation and gender identity to young students in the state. National Review reports:

After receiving pressure from employees, Disney’s then-CEO, Bob Chapek, said that the company’s leaders had been opposed to the bill “from the outset,” and Disney declared that the legislation “should never have passed and should never have been signed into law.”

In February 2023, DeSantis signed House Bill 9B, which established the Central Florida Tourism Oversight District to replace Disney’s Reedy Creek Improvement District. Reedy Creek was a 56-year-old special taxing district that allowed Disney control its own development, regulations, building codes, and other municipal services.

Lawmakers voted to give the governor the power to appoint the district’s board members.

However, before a DeSantis-appointed board took over last March, the Disney-controlled board handed control of the district’s development over to Disney…

As part of the settlement, Disney acknowledges that the development agreement approved by the outgoing Reedy Creek board has “no legal effect or enforceability.”

As for the media reports that DeSantis had been humiliated and out-maneuvered by Disney, Griffin said that “as usual, the media were wrong.”

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