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Biden administration cancels student loans of more than 150k borrowers
- sarcasmatwork 3y agoSo he's going against SCOTUS? "Supreme Court strikes down Biden student-loan forgiveness program. By a vote of 6-3, the justices ruled that the Biden administration overstepped its authority last year when it announced that it would cancel up to $400 billion in student loans." https://www.scotusblog.com/2023/06/supreme-court-strikes-down-biden-student-loan-forgiveness-program/#:~:text=Supreme%20Court%20strikes%20down%20Biden%20student%2Dloan%20forgiveness%20program,-By%20Amy%20Howe&text=By%20a%20vote%20of%206,%24400%20billion%20in%20student%20loans https://www.scotusblog.com/2023/06/supreme-court-strikes-dow.... How can he do that?
- sickofparadox 3y agoThis is technically a different loan forgiveness program, so it would need to go before the court on its own merits.
- Kon-Peki 3y ago> How can he do that? Because the Supreme Court ruled that the executive branch is allowed to cancel student loans, just "not that many all at once". How many is too many? They didn't say.
- krapp 3y agoThey'll know it's too many when the ghosts of the founding fathers get riled up and start throwing sugar packets around the Supreme Court breakroom.
- camdenlock 3y agoThis is one of the most brazen (and reprehensible) attempts to court votes that I’ve ever seen in the USA.
- foofie 3y agoWhy do you think that cancelling student debt is reprehensible? Edit: is this question worth this many down votes?
- sickofparadox 3y agoBecause subsidizing the top 25% of earners in the country with the taxes of everyone else seems fundamentally unjust, especially when they voluntarily took on the debt.
- foofie 3y ago> Because subsidizing the top 25% of earners in the counttry (...) I don't think your assertion adds up, or stands any scrutiny. Not all higher education degrees lead to high-paying careers, and definitely those who struggle to pay off their student loans after over a decade of payments will clearly not represent people who are well off. Also, it sounds highly hypocritical to put up such a emotionally-based strawman for student loans when tax breaks and tax benefits for mega-corporations and and the very wealthy don't even come up as causes for concerns,in spite of eclipsing anything related to student loans. It's as if this student loan obsession is manufactured rage. But that as much is clear, given your concern is that canceling student loans might convince some people to vote for a candidate,as if that's your actual problem.
- sickofparadox 3y agoConcern about the justness of an action the government is taking is not an "emotional strawman"; if you cannot differentiate claims of justice from feelings, you probably should avoid voting. >But that as much is clear, given your concern is that canceling student loans might convince some people to vote for a candidate, as if that's your actual problem. This is an absolute mindread, isn't accurate, and comes off as childish. The rest of your comment is useless whataboutism - no one was talking about "tax breaks for mega corporations and the very wealthy". You have no idea if my position on those things is consistent or hypocritical because I haven't said a word about either.
- darthrupert 3y agoDoes this mean that the debts are practically moved to being US debt? And universities get to keep all the money they swindled with all these schemes? I don't know, man. Doesn't sound right exactly.
- mancerayder 3y agoHow is that fair to those that repaid?
- squigz 3y agoHow is curing a disease fair to those who already died from it?
- mancerayder 3y agoDoesn't that completely miss the point? No one has died and it's not a disease. People took loans, some have repaid and some not, and you're rewarding the latter at the expense of the former. You don't see any moral issues whatsoever, even if you played devil's advocate?
- squigz 3y agoNo.
- Bluescreenbuddy 3y ago[flagged]
- fortyseven 3y agoAmazing how many hateful people require others to suffer just as they did.
- foofie 3y agoIt reeks of ladder-pulling.
- infamouscow 3y agoI look forward to whatever US states decide to interpret the Sixteenth Amendment like D.C., California, and New York interpret the Second Amendment.