Biden administration can move forward with student loan forgiveness, federal judge rules
Biden administration can move forward with student loan forgiveness, federal judge rules
www.cnbc.com
Biden administration can move forward with student loan forgiveness, federal judge rules
- A federal judge will let expire a temporary restraining order against the Biden administration's sweeping new student loan forgiveness plan, which could deliver relief to tens of millions of Americans.
- The ruling means President Joe Biden may move forward with his administration's student loan forgiveness plan, just weeks before the November election.
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So.. nothing actually changed, they just moved the case to Missouri. Since Missouri has a state-run program that suffers tangible harm from forgiveness, and Georgia didnât have standing to sue.
The headlines sound really optimistic about what is basically nothingsauce. Sure they can move forward with stuff, but the situation hasnât really changed that much.
Which is more or less what happened the last time Biden tried to forgive student loans. Eventually Missouri was found to have standing, and all his efforts were thrown out.
Aside from a nagging feeling that it was known this was going to happen, and this was all for political talking points, I wanted to info dump.
A few tidbits from that prior lawsuit:
So many consequential Supreme Court cases lately being decided even though there shouldn't ever have been standing... They all seemed to go one way too....
Thank you for this. I got excited for a moment. I should know better by now.
Yeah, so did I, so I went looking at a few sources, and the takeaway from all of them is whatâs above.
The articles are all pretty sparse on detail, but clearly trying to downplay that nothing tangibly changed, and I really donât fully understand why, when this sort of thing often gets skewered. Maybe because itâs breaking news, and the negativity/reality is yet to come? Maybe itâs a sort of media focus shift toward that stuff actually happening?
Either way, this is definitely one of those âjust have to wait and see how this move plays outâ sort of things, because it could be great, as the headlines indicate, or it could be the same bullshit all over.
"Tangible harm." Right. Despite the company itself (MOHELA) stating it had no involvement in the original suit that named them as a plaintiff, and as a company that exists solely to process government paperwork, they have no opinion on the matter.
They said this, but it did not matter. The main plaintiff of the case that went to the Supreme Court, didn't even want to be a part of it. They were just a pawn for Boomer Republicans who greedily ate up billions in PPP loans that they may or may not have needed, before pulling the ladder up behind them and making sure nobody else can get anything remotely similar.
Fuck all of these people.
I wonder if they can send a representative and make a motion to dismiss it.
Tl;dr âWhat if we took some bullshit from over HERE and moved it over THEREâ