Supreme Court says you need to pay off other people's student loan debt: At least a little bit of it, anyway — $6 billion's worth

American Thinker ^ | 04/16/2023 | Gary Aminoff

[SeekAndFind]

The Supreme Court just handed thousands of student loan borrowers a victory.

The nation's highest court ruled on Thursday in favor of $6 billion in student debt relief for 200,000 borrowers — a result of a settlement from a years-long lawsuit now known as Sweet v. Cardona.  The lawsuit was first filed in 2019 under former President Donald Trump on behalf of borrowers with stalled borrower-defense claims, or claims that borrowers can file if they believe they were defrauded by the school they attended.  If approved, their debt would be wiped out.

President Joe Biden's Education Department agreed to a settlement last summer, and a federal judge signed off on the relief in November.  Shortly after, three schools named in the settlement appealed the decision and requested that a lower court pause the relief as the legal process plays out.  The Ninth Circuit Court of Appeals rejected the request, and now the Supreme Court came to the same conclusion.

"The application for stay presented to Justice Kagan and by her referred to the Court is denied," the Supreme Court wrote in its very brief decision.  It offered no explanation for its decision.

The American public is now on the hook for another $6 billion.  Our grandchildren, great-grandchildren, and great-great-grandchildren will be paying this off, along with all the other debt incurred by the previous three administrations.

For your information, the following is the National Debt incurred by each administration since 2000:

From 1776 to 2000 (43 Admins) $5,751,743,092,605

2008 George W. Bush Admin $3,458,844,351,456 incurred

2016 Obama Admin $9,690,345,245,954 incurred

2020 Trump Admin $4,271,066,443,813 incurred

2023 Biden Admin to date $8,290,930,787,528 incurred

Total National Debt as of today $31,462,929,921,358

Here is the above information in chart form:

When you see this chart, you can easily recognize that something is wrong.

[SeekAndFind]

This is unsustainable.  This is a big deal.  Current debt service is becoming a huge burden on the annual budget.

For those of you who think, "I am not going to worry — the government will pay the debt service and reduce the national debt," remember that the "government" has no money of its own.  It only gets its money through taxation of its citizens.  This is going to affect everyone for the next 100 years or more.

[EinNYC]

For anyone who’s lost respect for the current Supreme Court of mostly losers, here’s a perfect example of why that is.

[nickcarraway]

Are those numbers adjusted for inflation?

[nwrep]

Bastard Bush.

[Leep]

Should the schools who “defrauded”them pay?

[lgjhn23]

So, IF a citizen, or group of citizens, are defrauded by the U.S. government, can they quit paying taxes and receive a settlement on taxes previously paid??? /s

[antidemoncrat]

“Sweet vs. Cardona — over stalled borrower defense claims, which are claims borrowers can file to get their debt discharged if they can prove they were defrauded by their school.

While the lawsuit was not resolved under former President Donald Trump’s Education Sec. Betsy DeVos, President Joe Biden’s Education Sec. Miguel Cardona took it on. Cardona agreed to a settlement last summer in the case that would give 200,000 impacted borrowers $6 billion in debt relief.”

So they sued because universities defrauded them and now the taxpayers get to bail both of them out. You can’t relieve debt ... only pass it on.

[PeterPrinciple]

borrowers can file if they believe they were defrauded by the school they attended.

---

There is a condition. might not be all bad.................

[chopperk]

It’s BS, let the members of the Supreme Court use their own personal money to pay the debt.............

[usconservative]

Should the schools who “defrauded”them pay?

Pay with what? Tuition dollars from new students? The Federal funds they receive via taxpayers?

The schools themselves will never pay. Those who attend will and those who pay taxes will. The school itself? Never.

[escapefromboston]

So school has to pay for defrauding the students ,?

[SaveFerris]

Tell me the coming "solution" isn't World War III followed by a Global Digital Currency. Depopulation and eating zee bugs of the WEF and Klaus Schwab.

[mware]

I didn’t sign any contract to play off someone else college tuition.

[Eagles6]

In the last 2.5 years 10,000,000 illegals have been brought into the country, with, at least, another 5,000,000 by Jan, 2025.

Every one will cost the taxpayer at least $1,000,000 over the next decade.

They will never go home.

They will have kids and grandkids that will suckle at the teat of Uncle Sugar.

This dwarfs everything else.

[SecondAmendment]

Why do you think they just destroyed the Georgia Guidestones ?

[kenmcg]

It’s over, we’re gone. Kruschev predicted it in 1960 and right he was.

[AAABEST]

Gorsuch claiming the intent of the civil rights act covered faggotry.

Utterly moronic and objectively false on its face. He had an agenda.

[for-q-clinton]

Why doesn’t the schools pay it back? Or the individuals that worked at the school that defrauded them?

[usurper]

Should the schools who “defrauded”them pay?

Yes the fed/gov has an obligation to recover any losses from the institutions directly because of fraud.

But they wont because they were in on it.

[momincombatboots]

In a sane world that would happen. We passed that and gave them limitless tyranny with Covid.