If you don’t believe Justice Kagan, just ask the Trump administration—which relied upon that exact statute to pause student loan repayments and suspend interest accrual because of the national emergency caused by COVID-19.
As Justice Kagan pointed out, the actual non-profit state agency in Missouri tasked with administering student loans did not even join the suit. The two individuals suing at least actually had student loans—although one student only had loans from commercial entities, not loans held by the government. But Justice Neil Gorsuch, part of the conservative majority, was dismissive of their standing.
Partisan drivel masquerading as journalism.
This is the most CorruptSCOTUSMajority in American history.
And this national emergency will just conveniently last right up till the 2024 election, right? Blatant power grab to pacify the left base and buy votes.
Quite a few of these SC Justices are quite happy to line their pockets while sitting on the SC. Unsurprisingly enough they are the most vocal opponents of student debt forgiveness.
Would be nice to cancel the debt of workers who didn't attend college as well.
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Biden's student loan forgiveness plan to face crucial test at Supreme CourtThe program would cancel up to $10,000 in federal student debt for Americans earning less than $125,000 annually, and an additional $10,000 for recipients of Pell Grants. Giving trillions in tax breaks to the very wealthy & large profitable corporations who don’t need it & being against student debt relief hurts our economy! NOTHING IS FREE! Why relief? If they got a loan, pay it back.
Source: CBSNews - 🏆 87. / 68 Read more »
Biden’s student loan forgiveness program comes before Supreme CourtTuesday’s oral arguments will focus on the limits of executive power -- and explore who has standing to challenge the $430 billion loan initiative I love how helping Americans in poverty is 'we need to check the limits of the executive' meanwhile we keep pouring hundreds of billions into a proxy war between imperial fascists and nazis This studentloanforgiveness idea was a SCAM to get TheDemocrats votes…and it worked! You got played. potus does not have the authority and they justify it based on the Covid “emergency” which no longer exists. It’s all BS
Source: washingtonpost - 🏆 95. / 72 Read more »
What to watch as the Supreme Court takes up Biden’s student debt reliefThe Supreme Court will hear oral arguments tomorrow in two cases that will decide the fate of President Biden’s plan to cancel student loan debt. What to know about Tuesday’s student loan showdown ⬇️ More free stuff should insure obedience for 2024. “Hmmm…if I let everyone in who wants to come in and give them lots of ‘free’ suff, they’ll likely vote for me! And if I give $20,000.00 + ‘gifts’ to recent college grads, they’ll likely vote for me, too! (I think I’m a genius.) Sure am glad none of this comes out of MY pocket.”
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Supreme Court likely to strike down Biden's plan for student-loan forgiveness, analysts say“Most of our contacts say that the probability of the student loan [relief] plan surviving the courts is no better than 1 in 3,” two BTIG analysts said in a recent note. Good. It should be struck down. NO !!!!!!!!!!!!!!!!!!!!
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Everything to know about student loan forgiveness as Supreme Court focuses on Biden's debt planThe plan could be undone over whether Biden overstepped his authority. Borrowers likely won't know what will become of their debts for several months.
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Biden's student loan forgiveness faces Supreme Court blowMore than 25 million borrowers have already applied for the debt forgiveness, which is being stalled by two lawsuits that will come before the Court on Tuesday. What the hell!!! Or approval! SCOTUS might uphold it. So once again the minority will probably rule.
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