There are at least three “major questions” that the Supreme Court could identify here. First, the majority might say that the ability to “waive or modify” aspects of the law does not allow the secretary to cancel payments. Second, the majority could say that COVID is not the kind of “national emergency” envisioned by the law. Third, the majority could say that an “affected” group must be smaller and more targeted than every low or middle-income American who lived through the pandemic.
published this year in the Virginia Law Review, Jack V. Hoover argued that no one has standing to file suit against sweeping loan cancellation. To prove standing, a party would have to demonstrate concrete harm, and show how blocking cancellation would remedy that harm. Republicans complain that Biden’s program hurts taxpayers, but under Supreme Court precedent, taxpayers don’t have standing to sue.
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Biden’s student loan wealth transferAnother day, another great wealth transfer.President Joe Biden has delivered on his campaign promise of student loan debt relief with a $300 billion plan that... I'm impressed. A very accurate analysis What bullshit. $10K won’t make anyone wealthy in 2022. 400K certified teachers and college instructors in Texas not counting administrative and support staff. Who knows how many of the same across the country? Democrats pander to that voting block. Know y’all know how Robert Francis draws his rally crowds. Got that Gromer?
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Scammers Are Using Student Loan Forgiveness as Bait, FTC Warns. Here Are Tips to Protect YourselfScammers will likely prey on borrowers eager for debt relief following President Biden’s student loan forgiveness plan.
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Absent major student loan reforms, ‘my preference would be no relief at all’: Obama economic advisor, Jason Furman saysIn an interview with MarketWatch, the economist discussed his concerns with the Biden Administration's student debt relief plan Well so much for his opinion... the relief would never come. It's OK to work on reform while providing relief... there goes my opinion.
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GOPers, stop whining over student loan forgiveness. The fight is just getting started.._jahan: Biden’s student loan forgiveness plan is undoubtedly monumental. But as it stands, the policy doesn't do enough for those who carry a majority of the country's student loan debt — Black women. (via thereidout Blog) _Jahan thereidout Yep the courts will overturn it. _Jahan thereidout Biden does not have the authority to forgive the loans. Don't get your hopes up. _Jahan thereidout Giving 10k to people who took on 100k-300k in debt is sort of funny. Also seems like they aren’t that smart
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Student loan relief highlights burden on Black borrowersBlack borrowers on average carry about $40,000 in federal student loan debt, $10,000 more than white borrowers, according to federal education data. Sounds like the fault of the individual taking the loan out. the educational con And?
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