In Major Order, Appeals Court Blocks Student Loan Forgiveness And Lower Payments For 8 Million Borrowers
In Major Order, Appeals Court Blocks Student Loan Forgiveness And Lower Payments For 8 Million Borrowers
A federal appeals court on Thursday temporarily blocked a key Biden student loan forgiveness and repayment plan. The order could have significant ramifications.
The lengths people will go through to stop something that hurts nobody, but helps many always astounds me.
The lengths people will go through to stop something that hurts nobody, but helps many always astounds me.
I have to credit some rando Redditor for the insight that helped me understand why these people do this. I'll paraphrase because I can't remember the exact prose.
Nearly all actions of Conservatives can be explained by their two implied core principles:
- All policies are zero sum. For you to gain something means I am losing something.
- There is a naturally occurring societal class-based hierarchy system, and you are required to stay at your level, never rising.
So the reason conservatives oppose student loan relief applies to both rules.
- If student loan borrowers are having debts forgiven (they are getting something) that MUST mean the conservative is losing something.
- If they had to take loans for school because they couldn't afford to pay for it outright, then they should stay in their economic station. Forgiving these loans may allow them to advance beyond their current class, which cannot be allowed.
As Voltaire said: "The comfort of the rich depends upon an abundant supply of the poor."
The idea broadly underpins modern capitalism, and it sums up why liberal politicians (whether left or right wing) do nearly everything they do. Democratic liberals want to keep the lower classes at least somewhat happy by throwing them scraps from time to time, while Republican liberals will only ever do just enough to keep the lower classes pacified.
Fun fact, in the 1920s a high caste Indian man sued the US for the right to naturalize arguing that he was white. Arguing that he was verifiably genetically pure because of his caste and descendant from the Aryans.
The Supreme Court, 9 old white dudes, decided that he didn't look white enough to be white. And so he wasn't white, and denied him the right to naturalize.
'murica
I don't know about the second one, that one sounds like left fan fiction, but #1 is absolutely true.
As #2 I'd put "If something bad happened to you, IE student debt, it's your fault so you should be punished. If something bad happens to me, it's bad luck or societies fault, therefore I need help."
they also want to dissuade (non-rich) people from getting educated and seeking jobs that they want to keep open for their own kids
It hurts everyone relying on debt and poverty to force people to accept inequitable exploitation of their labor.
Its beyond fucking evil. Nouveau scourgeoisie
Look up SLABS. If you think something that's being stopped hurts nobody, it probably hurts somebody with financial interest.
But but, MY tax money!
Someone has to pay. Whether that is distributed to many or a few, a lot of people lose a little or a few people lose a lot. Someone has to lose something for someone else to gain it in this scenario.
Someone has to pay.
Actually, no: it's an investment that pays off in term of expansion of the whole economy. Literally everyone is wealthier at the end than they would've been for not doing it, so in net terms nobody had to pay anything.
Remember, the president is absolutely above the law and can commit a coup or order political assassinations with impunity. But he can't make decisions about how to implement policies, even when congress gives him that authority.
The seems like the perfect chance to use that immunity. He should use it to sign an executive order to cancel all student debt based on the supreme court decision. Let the republicans object and force the court to either allow it or rule that the president doesn’t actually have immunity.
We are being governed by unelected judges. We need to reform the court system (starting at the top)
Neocons said that about the legalization of gay marriage. That's why they cheated under Trump and went for the jugular when it came to supreme court judges. And the highmindedness (and cowardice) of the Democrats in not stuffing the courts in response will haunt America and the world for decades.
And unelected president.... remember, we don't actually vote the president into office. Instead, we vote, and if they feel like it, a bunch of random electors of the exclusive electoral college club actually elect our president.
That sounds fucking retarded to allow to do, yet, somehow, every time I bring it up, some idiot professor of history defends that. Like ohh, our grandfathers were so smart, they built that into the constitution.... They also owned minorities and made them do the hard work around the house.
I mean it was very smart for the time when the average citizen couldn't possibly know enough to make an informed decision and news that could change who someone would vote for could take weeks to arrive somewhere.
But let's not kid ourselves. Both the Electoral College and the Senate were specifically created to thwart the will of The People if it was too inconvenient for the elites. What was that quote about the Senate being the "cooling saucer of democracy" or something like that?
Be careful, that's the pretext of faschist overtake.
Perhaps you should be more careful. They're claiming, and I think accurately, that the judicial branch is making a power grab over both the legislative and executive branches. That has nothing to do with fascism.
(They may or may not be correct in the claim they're making. We could debate that if you're interested.)
Biden should decree it as an official act, and order the branches to do it anyway.
Call their Bluff, and better yet do it with a "low stakes" issue so they have to put up or shut up.
Its open faced at this point, this kind of shit will continue until the rulings are ignored. The reason student loans got so much focus is because unlike other legislation proposals, student loans are entirely at the discretion of the department of education under the executive branch. Like how the DEA has authority over drug scheduling.
The executive branch has these authorities, the judiciary does not have the authority to rescind them, only congress can
this kind of shit will continue until the rulings are ignored.
Say it louder for the low-information voters in the back.
The judiciary can strike them down for Congress having delegated their power. Judicial review has long been appreciated to be the province of the judiciary. The blame for this lies squarely with the legislature, the most accountable form of government. Vote.
Judicial review is going to be something we should get used to seeing after getting rid of Chevron.
Thanks, I hate conservatives.
Good! If we allow Working Class Americans to have MORE MONEY we WON'T have enough to give to Jeff Bezos so he can buy another Yacht for his Yacht!
Somebody think about the yachts!
Wow. The popups on Forbes are bad. I had one covering the lower third until another ad popped up, covering the whole screen of my phone. I literally had one ad blocking another ad.
It makes you wonder if it even matters if you stay on the page for the ads to pay. If it’s just page load, then they don't care if you read the article, in which case the system is incentivized to have them only focus on headlines that will drive click-through.
Because I’ve noticed similar things, where it’s functionally impossible to read the content on phones, which you’d think would be a primary demographic, if you cared about presenting reporting.
"wHy dO PeOpLe kEeP uSiNg aDbLoCkErs!?"
I wonder if marketers realize I'm so desensitized to ads that I have no idea what any given one is even for. I'm just looking for a way to close the damn thing. If I can't, I leave the site entirely, still with no idea of what product or service they were trying to shove down my throat.
Shirley I'm not the only one like this.
You're not. And don't call me Shirley.
In case it helps, ad blockers work on Firefox mobile
I'm not a lawyer.
The article kinda sucks on educational value.
Summary:
To sort out a legal mess two circuit courts made with contradictory rulings about the nature of student loan repayments, the United States Court of Appeals for the Eighth Circuit issued an order to halt the SAVE program's implementation entirely, temporarily, until they issue a final ruling.
The order is likely legally binding in all subordinate Federal Circuit Courts with jurisdiction over: Arkansas, Iowa, Minnesota, Missouri, Nebraska, North Dakota, and South Dakota.
Editorial:
It's fucked, like a judicial system filibuster.
Biden should pause repayments until the courts figure their shit out.
Maybe he should block the court's salaries until they figure out what not having money is like.
If the youngsters don't see that it is the Republicans and Republicans only who are hurting them any chance they get, I don't see how that education helped them any.
If I was a millennial I'd be fucking livid and organizing voter registration drives all over the country.
They are literally stealing any hope of a future before your eyes and if you think not voting is going to send a message, it is. The message is: Keep fucking us, Republicans and don't use any lube.
I think most millennials are pretty solidly left, while also having no illusions about the fact that the establishment democratic party are centrist on their best day and right wing on their worst (we can't stop the fascists, that would make the people who don't vote for us upset and they might continue to not vote for us).
Ngl, the more this happens the more servicers are confused about what they should be collecting and from whom, and that’s actually a win for the borrowers (not as much of a win as this shit going through but still).
For example, due to the slew of challenges, I’m still on $0 repayment through October and don’t even have to certify income for that. And who knows if they will actually move forward with resuming charges for it; this is the second time it’s been delayed for me.
I hope the system does get thrown into complete chaos if it doesn’t all get forgiven or at least restructured. That would be better than people having to pay for worthless and/or overpriced degrees, and not being able to do shit with their lives.
Do you know how small a number 8 million is in comparison to the entire US population? And these assholes are still trying to block it. Fucking sick of this shit.
who cares ignore the court and do it anyway
Called it.