SCOTUS on Student Loan 9 - 0

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:But at least those unregulated PPP loans were forgiven, right guys? I'm so sick of living in this corrupt country. Heads you lose, tails you lose.

The PPP loans weren't loans, they were free money during a once-a-century nationwide epidemic. And fraud is being tracked and prosecuted.

I guess you would have preferred no PPP loans and businesses going bankrupt while people stayed home?

Lol. PPP fraud isn’t being tracked. There are literally thousands of scammers within 5 miles of my house.

The Biden DOJ would love to hear from you. Except you are full of 💩. This tired argument is tired. Find something else.

[Anonymous]

Too many jobs require college degrees, when the competencies of the job don't really align with the degree requirement.

I do have a lot of sympathy for young people who took out tens of thousands of dollars in student loans for a degree.

Why? Colleges and universities are selling these degrees to students, like a pyramid scheme. A lot of people make money on that.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Common damn sense. You take out debt, sign a contract agreeing to pay, therefore you pay when the bill comes due. Not sure why this common sense idea needed to go all the way to the SC. No one owes you for taking out debt due to your own free will. The govt can't block lenders from receiving payments in accordance with an agreed upon contract.

Pay your damn bills.

I took out 25k. I’ve repaid over 45k thanks to compounding interest. It’s not my job to prop up the DoE and their vendors.

No, but but it is your fault for being so stupid you decided to take out a loan without understanding basic finance 101, interest, and loan amortization.

Imagine getting to adulthood and never spending 5 minutes learning the basic concept of loan amortization and compound interest while you've spent hours per week in crap like TikTok and Instagram.

Here's the world smallest violin playing for you: ____

+1. This is basic algebra. That’s how compounding interest works.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Common damn sense. You take out debt, sign a contract agreeing to pay, therefore you pay when the bill comes due. Not sure why this common sense idea needed to go all the way to the SC. No one owes you for taking out debt due to your own free will. The govt can't block lenders from receiving payments in accordance with an agreed upon contract.

Pay your damn bills.

I took out 25k. I’ve repaid over 45k thanks to compounding interest. It’s not my job to prop up the DoE and their vendors.

No, but but it is your fault for being so stupid you decided to take out a loan without understanding basic finance 101, interest, and loan amortization.

Imagine getting to adulthood and never spending 5 minutes learning the basic concept of loan amortization and compound interest while you've spent hours per week in crap like TikTok and Instagram.

Here's the world smallest violin playing for you: ____

+1. That poster’s head is going to explode when they go to close on their first house and realize that $400K house is going to cost 7 figures.

Are you serious? WE ARE NEVER GOING TO BE ABLE TO OWN A HOME, you fruitloop dingus!

That's what the younger generations in the US are telling you: we are NOT going to pay our student loans b/c we don't give a shit what happens. We don't make enough to fking care. We aren't having kids b/c we don't make enough. We aren't owning homes because we don't make enough. WE DON'T CARE.

You don't speak for everyone in your generation, thank goodness. You have some serious maturing to do.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Common damn sense. You take out debt, sign a contract agreeing to pay, therefore you pay when the bill comes due. Not sure why this common sense idea needed to go all the way to the SC. No one owes you for taking out debt due to your own free will. The govt can't block lenders from receiving payments in accordance with an agreed upon contract.

Pay your damn bills.

I took out 25k. I’ve repaid over 45k thanks to compounding interest. It’s not my job to prop up the DoE and their vendors.

Take your concerns up with Obama. That all started under his "genius" plan.

Interesting…. because I went to grad school when Bush was president so, I’m not sure what Obama started that impacts me here.

Did you take a private loan?

There was a small portion that was private and those were quickly paid off. The overwhelming majority of my loans were FFELP which if they were still intact would have been already removed from forgiveness last fall.

I’m just pointing out that this pay for what you owe bullsh*t argument ignored compounding annual interest that turned my loan into an 80% interest rate instead of 6.25% I signed on for.

Aren't you the one who ignored the effects of compounding annual interest?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:But at least those unregulated PPP loans were forgiven, right guys? I'm so sick of living in this corrupt country. Heads you lose, tails you lose.

The PPP loans weren't loans, they were free money during a once-a-century nationwide epidemic. And fraud is being tracked and prosecuted.

I guess you would have preferred no PPP loans and businesses going bankrupt while people stayed home?

Lol. PPP fraud isn’t being tracked. There are literally thousands of scammers within 5 miles of my house.

The Amish did zero of the cdc recommendations and had 90 times fewer Covid deaths than the FauciTard general public. The government and public screwed the pooch and made every mistake possible .

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:But at least those unregulated PPP loans were forgiven, right guys? I'm so sick of living in this corrupt country. Heads you lose, tails you lose.

The PPP loans weren't loans, they were free money during a once-a-century nationwide epidemic. And fraud is being tracked and prosecuted.

I guess you would have preferred no PPP loans and businesses going bankrupt while people stayed home?

Lol. PPP fraud isn’t being tracked. There are literally thousands of scammers within 5 miles of my house.

The Amish did zero of the cdc recommendations and had 90 times fewer Covid deaths than the FauciTard general public. The government and public screwed the pooch and made every mistake possible .

The Amish generally don't associate outside of their community, so of course insular people won't get infected.

[Anonymous]

[Anonymous]

[Anonymous]

Anonymous wrote:Woo hoo!

You are a nasty piece of work aren’t you.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Woo hoo!

You are a nasty piece of work aren’t you.

Perhaps pp is one of the millions of people who chose NOT to go to college because she couldn't afford it and didn't want the burden of student loans. Now, she will not be burdened with helping to pay for the loans of others.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:But at least those unregulated PPP loans were forgiven, right guys? I'm so sick of living in this corrupt country. Heads you lose, tails you lose.

The PPP loans weren't loans, they were free money during a once-a-century nationwide epidemic. And fraud is being tracked and prosecuted.

I guess you would have preferred no PPP loans and businesses going bankrupt while people stayed home?

Lol. PPP fraud isn’t being tracked. There are literally thousands of scammers within 5 miles of my house.

The Amish did zero of the cdc recommendations and had 90 times fewer Covid deaths than the FauciTard general public. The government and public screwed the pooch and made every mistake possible .

The Amish generally don't associate outside of their community, so of course insular people won't get infected.

They actually got infected at a high rate. Had meetings , shared drinking cups. Developed heard immunity quickly and would not allow the sick to go to the hospital where the treatments killed people and no visitors. They also refused the vax. No masks, no social distancing, no shutdowns, no ppp, no vax.

Lesson learned.

[Anonymous]

Anonymous wrote:Woo hoo!

Agreed. Now my 19 year old who just finished her first year of college (will take out the federal loans for all 4 years) does not have to subsidize her brothers' four years of federal student loans just because her brothers went to college during the pandemic and she did not.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Republicans don’t like student loan forgiveness so the republicans on the Supreme Court struck it down. Just more partisan decisions. Nothing surprising.

No. Republicans have said all along that what Biden did was unConstitutional. Even Pelosi said the same (before she jumped on board the unConstitutional band wagon).
We just knew that is was executive overreach. Just like the rent moratorium.

These kinds of things need to go through Congress. He cannot unilaterally make such moves. Especially when it involves billions, if not trillions, of tax payer dollars.

It did go through congress. The Heroes Act was passed by congress. But scotus made up a new rule a couple years ago called the major questions doctrine so that it can ignore laws it doesn’t like.

The HEROES Doctrine does not apply to Biden's overreach.

Read it. It does.

Well, you're not getting your loan forgiven.

That's your best response? FWIW, no, I'm not getting my loan forgiven because I already paid it off. That doesn't change the language of the HEROES Act, though, one way or the other.

Same here. Paid mine off 15 years ago. I also don’t really like the debt forgiveness plan. But I am appalled at the republican justices continued power grabs.

Power grabs?

The public - and some of our elected officials - have become accustomed to judges and SCOTUS legislating from the bench. It is quite something that Congress is OK with the president using executive action for things that require legislation. They seem more than happy to allow SCOTUS to take away their role.
The role of SCOTUS is to determine what is Constitutional and what is not. It is NOT their role to write laws. They have acted appropriately. "Activism" would be making a law to satisfy activists.

It appears that your post is written to support this most-recent instance of SCOTUS rewritings laws written by Congress - while saying that you do not want SCOTUS to rewrite laws written by Congress.

Extreme cognitive dissonance? Trolling? Just ignorance?

What law did they "rewrite?"
None.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Common damn sense. You take out debt, sign a contract agreeing to pay, therefore you pay when the bill comes due. Not sure why this common sense idea needed to go all the way to the SC. No one owes you for taking out debt due to your own free will. The govt can't block lenders from receiving payments in accordance with an agreed upon contract.

Pay your damn bills.

I took out 25k. I’ve repaid over 45k thanks to compounding interest. It’s not my job to prop up the DoE and their vendors.

No, but but it is your fault for being so stupid you decided to take out a loan without understanding basic finance 101, interest, and loan amortization.

Imagine getting to adulthood and never spending 5 minutes learning the basic concept of loan amortization and compound interest while you've spent hours per week in crap like TikTok and Instagram.

Here's the world smallest violin playing for you: ____

+1. That poster’s head is going to explode when they go to close on their first house and realize that $400K house is going to cost 7 figures.

Are you serious? WE ARE NEVER GOING TO BE ABLE TO OWN A HOME, you fruitloop dingus!

That's what the younger generations in the US are telling you: we are NOT going to pay our student loans b/c we don't give a shit what happens. We don't make enough to fking care. We aren't having kids b/c we don't make enough. We aren't owning homes because we don't make enough. WE DON'T CARE.

Move to the Midwest or Maine. Go where things are affordable and start a business. Stop whining. Fellow Millennial.