In Major Order, Appeals Court Blocks Student Loan Forgiveness And Lower Payments For 8 Million Borrowers

Forbes ^ | Jul 18, 2024, | Adam S. Minsky

[Tell It Right]

...ave the capacity to deal with such a rapidly changing legal environment.

Here's all the legality that should matter: ya signed a contract, ya have to pay off the loan.

[Lonesome in Massachussets]

The burden has not been lifted, only shifted.

[jeffc]

The courts are following their superior’s (SCOTUS) rulings and denying Biden’s attempts to illegally ignore SCOTUS?

[hanamizu]

throw much of the federal student loan repayment system into chaos

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Here’s how to end the chaos. Pay back the money you borrowed.

[Flaming Conservative]

So, are they going to claw back the money that has already been disbursed? Good luck with that!

[matt04]

Reeeee!

[uranium penguin]

Honestly..

All she needs to do to parody Kamala. it quote her accurately.

It would be absolutely devestating.

Make stupid faces, while doing somewhat exagerated Kamala arm waiving..

[HIDEK6]

The order could have significant ramifications for millions of borrowers.

What about consequences for the taxpayer?

[Magnum44]

Can you say wage garnishment?

[Texan5]

Ay, que rico! YOU bought it, now YOU pay for it all by your little self-just like the rest of us do. This is what I call schadenfreude...

[Gen.Blather]

This loan forgiveness is to finance campus politics. Do away with loans and college gets cheaper and focuses of degrees that make money. What is a person with a gender degree qualified for?

[lurk]

Consequences are healthy. They teach us to not pet the tigers.

[nesnah]

A federal appeals court on Thursday temporarily blocked a key Biden administration student loan forgiveness and repayment plan. The order could have significant ramifications for millions of borrowers Democrats..

[lewislynn]

And the walls (deservedly) come tumbling down on the fraud that is the Biden campaign.

He was just bragging about this on BET.

[I want the USA back]

It’s not forgiveness. It’s a transfer of money from taxpayers to specific individuals.
Totally illegal.

[JohnBovenmyer]

> So, are they going to claw back the money that has already been disbursed? Good luck with that!

Until you can get rid of all those surplus IRS agents, reassign them. They do know how to get it.

[CIB-173RDABN]

The President does not have the authority to cancel a debt. Why is this even a question?

[1Old Pro]

as neither the department nor its servicers have the capacity to deal with such a rapidly changing legal environment.

Then stop with the unconstitutional executive orders.

[arthurus]

It will be ignored with some mumbo jumbo that faux legalizez it.