Good outcome. |
|
In 2021, the legal counsel for the DoE looked at whether The Heroes Act justified mass cancellation of debt and concluded “the Secretary does not have statutory authority to provide blanket or mass cancellation, compromise, discharge, or forgiveness of student loan principal balances."
https://static.politico.com/d6/ce/3edf6a3946afa98eb13c210afd7d/ogcmemohealoans.pdf Biden knew this. But, he even said he didn't have the authority. So did Nancy Pelosi. But, the left-wing base kept the pressure going. Biden figured he had nothing to lose. So he cynically enacted a policy he knew was outside his authority prior to an election with the understanding that, even if reversed, a sympathetic press would help him blame his political opponents and the courts for the consequences of reversing the policy. |
| This will just make young voters dislike Republicans more. Fine by me. |
NP here and this makes me actually like Republicans.
|
You’re not a young voter. |
| The average college student is 24 and the average graduate student is 32, so the “I didn’t know what I was doing!” argument is moot. |
What percentage of young people have student loans? Or rather, meaningful levels of student loans? The numbers I've seen indicate most have manageable levels, in other words not the 300k horror stories. |
None of those “average student loan” amounts include Parent Plus Loans. A student can’t take out more than about $30k on their own. |
Yes, educated young people are a core GOP constituency |
|
One of the protesters lamented that her college loans were so overwhelming that she "couldn't buy a house as soon as she wanted."
Tough toodles. |
|
Americans are vile people, in large numbers. Gloating over sticking crippling debt to regular people instead of being offended by predatory lending practices that keep the poors in check their entire lives.
You people are disgusting. |
Your ideology causes the predatory lending. Washington DC drops bags of money everywhere. You didn't think schools and the medical establishment weren't going to take advantage of that and jack up prices to sop up all that "free money"? |
|
[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote] That was for people who fought in Afghanistan and Iraq after airplanes crashed into buildings. [/quote]
No, it wasn’t. Read the law, someone posted it here earlier today.[/quote] Yes, it was. You read the law.[/quote] The law is full of the word “or.” Read it again.[/quote] https://www.politico.com/news/2023/02/28/supreme-court-appears-skeptical-of-bidens-student-debt-relief-plan-00084793 Prediction: Supreme Court strikes down Biden's forgiveness plan. Roberts, Thomas, Aliso, Gorsuch, Kavanagh will vote to strike down. Sotomayor, Kagan, Jackson, and Barrett vote to hold up.[/quote] Good outcome.[/quote] Ha! But I bet you have a woke yard sign for show. Right princess? [/quote]
nope. you make an irrelevant point. I don't want the govt paying for your bad decisions.[/quote] Just exposing your hypocrisy. |
+1. This country is just a gross corporation with a bunch of mean, rotten people. It has just gotten so much worse in my lifetime. |
|
Democrats: College grads make a lot of money and pay a lot in income taxes over their lifetime, and thus college should be free because it’s a good investment in the future.
Also Democrats: College grads can barely make ends meet and want their loans to be paid off with other people’s tax dollars. They can’t find good-paying jobs. |