Posted on 02/18/2025 1:52:17 PM PST by Navy Patriot
The U.S. 8th Circuit Court of Appeals put a final end to former President Joe Biden's student loan forgiveness plan on Tuesday.
Missouri Attorney General Andrew Bailey originally sued the Biden administration over its $500 million effort to wipe away student loans, known as the SAVE plan. The court's Tuesday ruling found that Biden's secretary of education had "gone well beyond this authority by designing a plan where loans are largely forgiven rather than repaid."
Bailey noted in a statement that the ruling has no active impact beyond blocking future presidents from attempting Biden's maneuver.
"Though Joe Biden is out of office, this precedent is imperative to ensuring a President cannot force working Americans to foot the bill for someone else's Ivy League debt," Bailey said in a statement.
The Supreme Court of the United States denied the Biden administration’s request to lift a block on the SAVE plan last year. A federal appeals court in Missouri had earlier blocked the entire SAVE program from being enforced while litigation over the merits continues in the lower courts. The Department of Justice, which is part of the Biden administration, most recently asked the high court for emergency relief.
Biden introduced SAVE after the Supreme Court struck down his initial student loan forgiveness plan.
(Excerpt) Read more at foxnews.com ...
Make no mistake, this will be presented on the activist media as a result of Trump, Elon, DOGE, or climate change.
So what happened to people who already had their debt forgiven? Will they now get letters stating, oh by the way, we want the money back after all?
Ummmm.....$500 BILLION.
::Bailey noted in a statement that the ruling has no active impact beyond blocking future presidents from attempting Biden’s maneuver.::
Not good! We want the program reversed and those loans put back on the books. What help is it to taxpayers if this just stops the action from ever happening again? Big whoop!THAT can be easily turned around in an administration when another democrat gets the same bright idea for votes!
No - it was a mistake - should never have happened and we go back to square one! Pay up! Might even cut them a break on interest...OR set a precedent and go after Biden’s pension(s) for balance of any applicant’s refusal to pay! Many choices - hold any tax refunds etc....
” this precedent is imperative to ensuring a President cannot force working Americans to foot the bill for someone else’s Ivy League debt”
Or someone else’s housing, food, health care, mobile phone, child care, etc, etc, etc.
We foot the bill for everything for tens of millions of Americans.
Federal student loans constitute about $1.693 trillion.
Perhaps we should consider changing the law to permit discharging that debt through bankruptcy, but ONLY if we forbid the federal government from backing student loans forever.
“Circuit court puts final nail in the coffin for Biden’s $500M student loan forgiveness plan”
Circuit court puts final nail in the coffin for Biden
Better!
Get the US Government out of the college student loan business!! PERIOD!!
So it has no affect on current SAVE program? I’m confused. I assume I have to read the article.
If there was to be any forgiveness, just axe the interest and make them repay the principal.
Yes, $500 Billion, or more.
Remember, Astronomic numbers
In rough numbers:
1Million seconds = 11 days
1Billion seconds= 32 years
1Trillion seconds= 32,000 years
So going from Millions to Billions to Trillions
is not rounding off insignificant numbers. It is, “astronomical!”
Cheers to all,
Bat
Its looking like only a stake in the heart is going to keep this vampire from rising again and again.
Yep, to prevent confusion you have to read very carefully, and hope the “Jornolist” wrote it in English.
>
The court’s Tuesday ruling found that Biden’s secretary of education had “gone well beyond this authority by designing a plan where loans are largely forgiven rather than repaid.”
Bailey noted in a statement that the ruling has no active impact beyond blocking future presidents from attempting Biden’s maneuver.
>
Of COURSE not. ‘Judges’ don’t rely upon the Constitution. This is ‘merely’ an “over-reach”; not a CLEAR violation of A1S8, A2S2, the Contracts Clause, 5th, 9th, 10th, 13th & 14th A.
We must re-litigate EVERY word-play/’change’/re-attempt, instead of nipping the illegality from EVER starting again.
The current save program was already put on hold, and new admin isn’t pushing it. So the court case is moot. The judge still issued a decision to put precedence on the books.
Same thing the NY judges should do every time the city removes their gun laws then repasses them as soon as the court cases or’ out of the system.
Thanks for trying to make numbers more understandable and meaningful for most people who aren’t good at math!!
How do we recoup all the millions that was sent via a check to borrowers?
Well, ya got me, however both President Trump and Elon Musk are smarter than me, so I have hope they’ll figure out a way to properly undo the student loan giveaway.
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