SCOTUS on Student Loan 9 - 0

[Anonymous]

Anonymous wrote:

Anonymous wrote:Biden is really having a bad week

The SC made it clear that Biden is on the side of everyone struggling to repay student loan debt. Isn’t that good for him?

If he were, he would have taken actions that 1) were Constitutional and 2) got to the real root of the problem - high cost of college. Instead he went with an unConstitutional move so he could buy votes.

[Anonymous]

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?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Biden is really having a bad week

The SC made it clear that Biden is on the side of everyone struggling to repay student loan debt. Isn’t that good for him?

If he were, he would have taken actions that 1) were Constitutional and 2) got to the real root of the problem - high cost of college. Instead he went with an unConstitutional move so he could buy votes.

This exactly. And the high cost is because of the existence of unlimited funds. Quite the Petri dish feedback loop.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Biden is really having a bad week

The SC made it clear that Biden is on the side of everyone struggling to repay student loan debt. Isn’t that good for him?

If he were, he would have taken actions that 1) were Constitutional and 2) got to the real root of the problem - high cost of college. Instead he went with an unConstitutional move so he could buy votes.

How can a president control the high cost of college, or are you now for socialism or communism?

[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.

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.

[Anonymous]

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.

+1

People are paying it back and never getting out from underneath. That’s not right.

Just once I’d like to see something like, oh, the money Brett Favre stole and all the other people’s covid “loans” get paid back. With the same kind of interest that your average student had to take out.

[Anonymous]

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

[Anonymous]

Oh no! Now people actually have to pay money back they borrowed! How unfair!

[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.

Your argument is with compounding annual interest??? Every product you buy on credit is subject to compounding annual interest.

[Anonymous]

Nancy should of kept her mouth shut

[Anonymous]

Kagen's dissent was 30 pages long... really?

[Anonymous]

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.

get to your vacation home, spoiled princess

Hope you will learn in this life that being responsible for choices and decisions does not make one a spoiled princess. Quit looking for a free ride.

[Anonymous]

I wonder if young people saddled with monthly loan payments will be in a position to start a family and afford the homes that older people are selling as they move on to the next stage of their life.

I'm an empty nester in a home I bought for around $600,000 in NoVA about 20 years ago. It is now worth over $900,000 and is inching up toward $1 mill. And it's old and needs a lot of work. My neighborhood tends to attract buyers in their 20s-30s who are starting a family (we are known to have good schools). Where are all these people who can afford a house close to $1 mill. going to come from?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Biden is really having a bad week

The SC made it clear that Biden is on the side of everyone struggling to repay student loan debt. Isn’t that good for him?

If he were, he would have taken actions that 1) were Constitutional and 2) got to the real root of the problem - high cost of college. Instead he went with an unConstitutional move so he could buy votes.

Biden never believed he had the authority. He needed the votes so he threw this out there to get the young folks to vote for him. Even if it was constitutional, I don't think he every intended to give people free money. That's for big businesses, regular folks.

[Anonymous]

Anonymous wrote:

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.

Your argument is with compounding annual interest??? Every product you buy on credit is subject to compounding annual interest.

Seriously?
Buying a TV is different than getting an education.