Posted on 02/27/2023 3:34:30 PM PST by know.your.why
The Supreme Court is poised to hear back-to-back oral arguments for two student loan-related cases on Tuesday, in what could be the final hurdle for the Biden administration’s student loan forgiveness plan.
In August, President Joe Biden announced a program that would forgive up to $20,000 in debt for borrowers with federally held student loans, impacting more than 40 million borrowers. Applications for the program opened in October, but a federal judge in Texas put the program on hold in November, ruling that the program was “unlawful.”
In both of the cases heading to the Supreme Court, Biden v. Nebraska—a lawsuit that was brought forward by the states of Nebraska, Missouri, Arkansas, Iowa, Kansas and South Carolina— and Department of Education v. Brown—which was brought forward by two plaintiffs who believe they were unjustly excluded from the relief—the Supreme Court will decide whether the student loan relief plan exceeds the Department of Education’s authority and whether the lawsuits have legal standing.
More than 26 million Americans applied for student loan forgiveness, and another 16 million applicants were fully approved for relief when the program was paused, according to the White House.
The deadbeat generations. They want the taxpayers to pay their bills for them. I see credit cards next. Retailers forced them into using their credit cards. The poor “kids” didn’t know you would have to pay the money back. They thought it was free stuff like “reparations”.
When the SCOTUS says “No.” will there be months of riots?
I’ll be very disappointed if the Supreme Court sides with Biden on this money giveaway/vote buying scheme.
The starting question should be “What act of Congress authorizes the appropriation for this “forgiveness”?
I think this and many other Biden vote buying schemes rest on just how loosely Covid era laws and rules were written without any thinking
I listen to Dave Ramsey every day and he’s been hangin’ from the Chandelier screaming about this stupidity. He’s a Big Government Hater like me.
A guy called into his show this past week. He had paid his loans in full, but still applied for the ‘forgiveness’ just to see what would happen.
Mother Government cut him a check for $10,000.00. A week later, they demanded it back, and CHARGED HIM $20 in interest!
Lending Institutions that are caught up in this ARE going to rip people off more than Mother Government is ripping off Taxpaers to pay for this BS!
GRRRRR!
Below is Biden’s logic, actually his advisors as he is not in power but a puppet.
1. If the supreme court says yes it is a win for Biden and thus votes for Biden.
2. If the supreme court says no, it is the result of the evil Republicans that brought the suit to the Supreme Court.
Unfortunately Biden wins regardless of the vote.
Remember the standard of review is not “Is this good policy?” but “Does the president have the authority to order this?”
I hope not, but if SCOTUS rules otherwise don’t assume they are endorsing the policy. They need to follow the law.
What the heck? Money doesn’t mean anything anymore anyway. Spend billions in Ukraine, spend billions on welfare, not a thought on the future. Just go for broke. Destroy it all. Screw it. Doesn’t matter.
I’d rather see this then giving non white people only millions of bucks....
Biden’s only hope is to argue lack of standing of Plaintiffs.
Regardless of how I feel about this loan forgiveness plan, millions more ppl will be denied relief because their loans aren’t federally funded. For example, my daughter, my husband and myself all originally got federally funded loans years ago which we’ve faithfully been paying off. Unbeknownst to us, however, the loans were sold to private lenders so now they’re no longer federally funded. Thus, no help for us. This happened to about half of the federal student loans in America, which equals tens of millions of ppl who aren’t happy to be excluded from relief. This will end up in the courts again.
Funny thing is FJB was the person that made student loans not dischargeable in bankruptcy.
It will go one of two ways:
1. Lack of standing - the main government argument seems to be none of these parties have standing to sue.
2. Program killed under the Major Questions Doctrine meaning Congress has to make the big decisions.
Let’s hope the court can get past the standing issue. Not sure why the House is not suing because this is an appropriation that no congress has approved.
Definitely was about buying votes
I never have hope that SCOTUS is going to do the right thing.
FedGov doesn’t have the Constitutional power to be in the student loan business anyway, so all these loans are invalid anyway.
I’d be willing to take that if it got FedGov out of education permanently.
DISGUSTING!!! What about FUTURE loans??
OMG!! It SHOULD be NEITHER! WAKE UP!
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