Anonymous wrote:

Anonymous wrote:Covid is over. The emergency is over.

Biden cant claim covid emergency is over and the economy is back and then enact mass cancellation in the name of the covid. Cant have it both ways.

Would have been on more sound footing if he had done it sooner and kept it smaller rather than aiming for mass cancellation.

Anonymous wrote:Covid is over. The emergency is over.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Think it's laughable to bring up politics of the court justices regarding this matter when this loan cancelation was a naked political play to influence/buy votes before a consequential off year election.

Biden could have enacted this way earlier when the pandemic was actually raging with all the other covid programs or actually tailored it to people that actually needed loan forgiveness like Pell recipients so its not some half trillion giveaway but they didnt.

It doesn’t matter if it was a “naked political ploy to buy votes” or if the size of forgiveness is half a trillion dollars or if it does nothing to address the root causes of college unaffordability. Congress - quite literally - passed and amended a law that gave Sec. Of Education very wide latitude to “amend” and “waive” the federal student loan programs. Congress had multiple bites at the apple to reign in this authority, limit it to only first responders, explicitly exclude debt cancelation, etc. It choose to never do any of those things.

The law is very clear about the authority delegated to the Sec of Education. We can disagree with the political impact or relative wisdom of making such decision in terms of incentives. It may not be “fair” to others who scrimped and saved. But we now have the Supreme Court questioning whether the law is the law. That the law doesn’t actually mean what it clearly says and, by the way, you need to go to Congress again and ask permission because some segment of society doesn’t like the outcome or the politics of the issue. That is sheer anarchy. The SC is on the verge of saying the law means nothing if 5 justices disagree politically.

Frankly, that’s nuts.

Kind of ironic that they are doing this with the HEROES Act.

They are just grabbing at straws to get this boondoggle through. Actual HEROES act was meant for active military, people in natural disaster areas or people affected by wars and national emergencies.

Hardly covers the deadbeats that have a college education that have a job and means to pay or people that were not even actually in the US when the pandemic was occurring.

Getting congressional action on mass cancellation is a fantasy unless there is a super majority of Bernie/Warren/Japayal democrats elected. The more reasonable/sensible legislative action is to allow people to discharge their debts in bankruptcy.

WTF did you think COVID was? Trump declared it a national emergency. It squarely falls into the applicability of the HEROES Act.

Anonymous wrote:

Anonymous wrote:Think it's laughable to bring up politics of the court justices regarding this matter when this loan cancelation was a naked political play to influence/buy votes before a consequential off year election.

Biden could have enacted this way earlier when the pandemic was actually raging with all the other covid programs or actually tailored it to people that actually needed loan forgiveness like Pell recipients so its not some half trillion giveaway but they didnt.

It doesn’t matter if it was a “naked political ploy to buy votes” or if the size of forgiveness is half a trillion dollars or if it does nothing to address the root causes of college unaffordability. Congress - quite literally - passed and amended a law that gave Sec. Of Education very wide latitude to “amend” and “waive” the federal student loan programs. Congress had multiple bites at the apple to reign in this authority, limit it to only first responders, explicitly exclude debt cancelation, etc. It choose to never do any of those things.

The law is very clear about the authority delegated to the Sec of Education. We can disagree with the political impact or relative wisdom of making such decision in terms of incentives. It may not be “fair” to others who scrimped and saved. But we now have the Supreme Court questioning whether the law is the law. That the law doesn’t actually mean what it clearly says and, by the way, you need to go to Congress again and ask permission because some segment of society doesn’t like the outcome or the politics of the issue. That is sheer anarchy. The SC is on the verge of saying the law means nothing if 5 justices disagree politically.

Frankly, that’s nuts.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Think it's laughable to bring up politics of the court justices regarding this matter when this loan cancelation was a naked political play to influence/buy votes before a consequential off year election.

Biden could have enacted this way earlier when the pandemic was actually raging with all the other covid programs or actually tailored it to people that actually needed loan forgiveness like Pell recipients so its not some half trillion giveaway but they didnt.

It doesn’t matter if it was a “naked political ploy to buy votes” or if the size of forgiveness is half a trillion dollars or if it does nothing to address the root causes of college unaffordability. Congress - quite literally - passed and amended a law that gave Sec. Of Education very wide latitude to “amend” and “waive” the federal student loan programs. Congress had multiple bites at the apple to reign in this authority, limit it to only first responders, explicitly exclude debt cancelation, etc. It choose to never do any of those things.

The law is very clear about the authority delegated to the Sec of Education. We can disagree with the political impact or relative wisdom of making such decision in terms of incentives. It may not be “fair” to others who scrimped and saved. But we now have the Supreme Court questioning whether the law is the law. That the law doesn’t actually mean what it clearly says and, by the way, you need to go to Congress again and ask permission because some segment of society doesn’t like the outcome or the politics of the issue. That is sheer anarchy. The SC is on the verge of saying the law means nothing if 5 justices disagree politically.

Frankly, that’s nuts.

Kind of ironic that they are doing this with the HEROES Act.

They are just grabbing at straws to get this boondoggle through. Actual HEROES act was meant for active military, people in natural disaster areas or people affected by wars and national emergencies.

Hardly covers the deadbeats that have a college education that have a job and means to pay or people that were not even actually in the US when the pandemic was occurring.

Getting congressional action on mass cancellation is a fantasy unless there is a super majority of Bernie/Warren/Japayal democrats elected. The more reasonable/sensible legislative action is to allow people to discharge their debts in bankruptcy.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Think it's laughable to bring up politics of the court justices regarding this matter when this loan cancelation was a naked political play to influence/buy votes before a consequential off year election.

Biden could have enacted this way earlier when the pandemic was actually raging with all the other covid programs or actually tailored it to people that actually needed loan forgiveness like Pell recipients so its not some half trillion giveaway but they didnt.

It doesn’t matter if it was a “naked political ploy to buy votes” or if the size of forgiveness is half a trillion dollars or if it does nothing to address the root causes of college unaffordability. Congress - quite literally - passed and amended a law that gave Sec. Of Education very wide latitude to “amend” and “waive” the federal student loan programs. Congress had multiple bites at the apple to reign in this authority, limit it to only first responders, explicitly exclude debt cancelation, etc. It choose to never do any of those things.

The law is very clear about the authority delegated to the Sec of Education. We can disagree with the political impact or relative wisdom of making such decision in terms of incentives. It may not be “fair” to others who scrimped and saved. But we now have the Supreme Court questioning whether the law is the law. That the law doesn’t actually mean what it clearly says and, by the way, you need to go to Congress again and ask permission because some segment of society doesn’t like the outcome or the politics of the issue. That is sheer anarchy. The SC is on the verge of saying the law means nothing if 5 justices disagree politically.

Frankly, that’s nuts.

Kind of ironic that they are doing this with the HEROES Act.

Anonymous wrote:

Anonymous wrote:Think it's laughable to bring up politics of the court justices regarding this matter when this loan cancelation was a naked political play to influence/buy votes before a consequential off year election.

Biden could have enacted this way earlier when the pandemic was actually raging with all the other covid programs or actually tailored it to people that actually needed loan forgiveness like Pell recipients so its not some half trillion giveaway but they didnt.

It doesn’t matter if it was a “naked political ploy to buy votes” or if the size of forgiveness is half a trillion dollars or if it does nothing to address the root causes of college unaffordability. Congress - quite literally - passed and amended a law that gave Sec. Of Education very wide latitude to “amend” and “waive” the federal student loan programs. Congress had multiple bites at the apple to reign in this authority, limit it to only first responders, explicitly exclude debt cancelation, etc. It choose to never do any of those things.

The law is very clear about the authority delegated to the Sec of Education. We can disagree with the political impact or relative wisdom of making such decision in terms of incentives. It may not be “fair” to others who scrimped and saved. But we now have the Supreme Court questioning whether the law is the law. That the law doesn’t actually mean what it clearly says and, by the way, you need to go to Congress again and ask permission because some segment of society doesn’t like the outcome or the politics of the issue. That is sheer anarchy. The SC is on the verge of saying the law means nothing if 5 justices disagree politically.

Frankly, that’s nuts.

Anonymous wrote:Think it's laughable to bring up politics of the court justices regarding this matter when this loan cancelation was a naked political play to influence/buy votes before a consequential off year election.

Biden could have enacted this way earlier when the pandemic was actually raging with all the other covid programs or actually tailored it to people that actually needed loan forgiveness like Pell recipients so its not some half trillion giveaway but they didnt.