[Political Junkie Too]

What kind of Constitutional scheme allows Congress to loan taxpayer money and then let's the President allow the loanee to keep it?

That's just plunder of the treasury.

-PJ

[Rurudyne]

Democrats don’t need no stinkin’ Constitution!

[Yo-Yo]

What kind of Constitutional scheme allows Congress to loan taxpayer money and then let's the President allow the loanee to keep it?

It's a variation on the Obama-era immigration bypass policy. In his case, if the Executive branch is charged with enforcing the immigration laws but refuses to enforce some laws, then it's as if those laws don't exist.

Likewise, Fauxahantus thinks that since the Executive branch is responsible for collecting on student debt, if the executive refuses to pursue payment, it's effectively as if the debt didn't exist.