Conservative groups sue to block Biden plan canceling $39 billion in student loans
Conservative groups sue to block Biden plan canceling $39 billion in student loans
Two conservative groups are asking a federal court to block the Biden administration’s plan to cancel $39 billion in student loans for more than 800,000 borrowers.
You're viewing a single thread.
The "I got mine, fuck you" crowd really hates progress.
The student loan interest rates are exuberant, while I support the nullification of times past, I'd also like to see the core issue being taken care of
I think you mean “exorbitant” ;)
I thought exuberant meant a lot of/obsessive amounts
That’s a contextual issue. It’s not often applied to a value but rather a feeling - that’s why I suggested “exorbitant”.
Exuberant is also considered a positive attribute, so contextually it was confusing.
edit: Not to be rude - I'm an American and the Dutch constantly correct me here - but instead of "obsessive" (to be obsessed with), you might consider "excessive" - much closer to "a lot of" but more "too much of". ✌️
Exorbitant meaning "eye-popping", as in making your eyes pop out of their sockets, which is why it's used in these contexts.
The first uses of "exorbitant" in English was "wandering or deviating from the normal or ordinary course." That sense is now archaic, but it provides a hint as to the origins of "exorbitant": the word derives from Late Latin exorbitans, the present participle of the verb exorbitare, meaning "to deviate."
"Exorbitare" in turn was formed by combining the prefix ex-, meaning "out of," with the noun orbita, meaning "track of a wheel or "rut." ("Orbita" itself traces back to "orbis," the Latin word for "disk" or "hoop.") In the 15th century "exorbitant" came to refer to something which fell outside of the normal or intended scope of the law.
Eventually, it developed an extended sense as a synonym of "excessive."
Yes, let's do both.
Here's one thing I don't understand: does loan cancellation consist of the government paying off the loan, or is it a legal nullification of somebody's loan? If it's the former, I get economic concerns. If it's the latter, then I really don't see arguments against loan cancellation as very credible.
It's cancellation of the loans. They're government loans being forgiven, not private loans paid back by the government.
Yeah, I'd like to focus on stopping the bleeding before mopping up blood. I don't know what the message is here for future generations.