The Supreme Court rejects Biden's plan to wipe away $400 billion in student loan debt
The Supreme Court rejects Biden's plan to wipe away $400 billion in student loan debt
A sharply divided Supreme Court has effectively killed President Joe Biden’s $400 billion plan to cancel or reduce federal student loan debts for millions of Americans.
Yesterday they made higher education less accessible to non-whites, today they made it harder for the poor...
I wonder if there's a pattern here.
3Why does this make it harder for the poor to access higher education? A debt forgiveness will make current debtors less burdened but will probably make it more expensive for new applicants. Isn't it the other way around?
-2Relieving debt for the poor would allow them to spend their money on other things, or save it. Best case scenario, they're able to support their kids' educations and help break the generational cycle of poverty.
1
Yes, higher education is now less accessible to non-whites. Which is good, because affirmative action was never a fair solution to the issue and was simply unfair in principle imo. We shouldn't raise the eligibility of people based on their race, college admissions and race should have nothing to do with one another. Class-based affirmative action actually makes sense instead of deciding off race.
-4Your whole argument could have been just that last sentence and I’d bet you’d have significantly less downvotes.
Although I’m disappointed by the courts decision I do believe class basis is a better measuring stick for AA. That said, I think there would be a pretty close correlation between the people who benefit now and the people who would benefit if the system was based on socioeconomic class.
2I agree with you in theory, but striking down AA without a better solution in place is bad. Don't let perfect be the enemy of good.
2We have class based affirmative action. Rich people buy their kids into school all the time.
1
But the forgiven PPP loans are A-OK, right? Fuck this shit.
3On top of that 1.7 trillion in tax breaks for the rich over ten year. Benifits like 600 people. The same 1.7 trillion could wipe out debt 43 million people and that is debt accumulated over 40 years.
1
Friendly reminder Biden lost the battle but he hasn't lost the war. He is currently working out an income related savings plan and doing a hail mary long shot roundabout come in the back door play using the Authority he has from the Higher Education Act to create debt forgiveness regulation. He's still out there trying, though anything through the Dept of Education will take a while because of how policy works there.
2Dont forget to thank RBG, who refused to retire under Obama for some fucking reason, only to get owned by COVID after officiating a wedding for some dumb liberals (while having an immune system shredded by cancer)
Well it gave us the funniest trump interview imo https://www.youtube.com/watch?v=knlJWu815C0
1Downvoted by people who refuse to look at when Democrats make stupid decisions that fuck us.
I thought Lemmy was supposed to be full of tankies, not milquetoast centrist capitalist apologists....
1If there is a minimum age in government, there needs to be a maximum. I'm over these 70 year olds running things.
1
Unless the dems take back court we would be all living through a nightmare.
1Maybe Hilldawg could have campaigned in Wisconsin or taken seriously that even if she won the popular vote, that the Electoral College actually mattered.
Reminder, she did win the popular vote. The majority did vote for her.
Or maybe Obama could have kept his campaign promise that codifying Roe vs. Wade in law was his first order of business.
But sure, it's our fault, Hilldawg, because we didn't vote hard enough.
0
Fuck Trump and his supreme court. We're going to be suffering the effects of Republican stupidity for the next 40 years.
1If you need any reason not to believe in god, it's that Trump got to appoint THREE FUCKING SUPREME COURT JUSTICES
-1Rabbits
1That says nothing about the existence or lack of a deity, only that if there is one he's a HUGE piece of shit.
1
Fuck the SCOTUS.
0from here on out, should be referred to as SCROTUS
Supreme Court Republicans of the US.
1
Who here still thinks republicans should be allowed to vote and hold elected office and write and pass laws?
Show of hands?
Great, everyone who raised their hand deserves this shit. Everyone wants to hate on Republicans, but when it comes to the voting booth, everyone defends them to the death. Well this is what you get. But DeMoCrAcY is more important than anything and everything, right?
0Come on, you play right into their bullshit propaganda with that message. If they go low we don't stoop to their level. We do not win elections by removing voting rights for those we disagree with - that is an authoritarian tactic.
0"sure, we let fascism run rampant over society, but that was the respectable thing to do"
1
My "favorite" part of the majority ruling is how the loan forgiveness was struck down because it would harm the loan servicers. Not the government, not the people, the companies that have been contracted to collect the loans. That's who SCOTUS is most concerned with. Should tell us everything we need to know about who's interests are most important - capitalists
0Not only did they admit that MOHELA didn't have standing, MOHELA itself said this wouldn't impact them and they didn't ask to be part of the case.
Funny how it turns out that standing doesn't matter when they don't want it to.
Kinda similar to the other case they dropped this morning, allowing LGBT discrimination... despite the fact that it turns out that no gay person ever actually asked this bakery to make them a website for their wedding. When contacted, the man who purportedly sent the email claimed he never sent it and has been married to a woman for years. They don't even give a shit if it's made up they will sign off on it.
1
I don’t have kids but am perfectly happy to pay more tax to make education free or cheaper. How can anyone argue that a less educated society is better? The more people that can experience higher education is plainly a good thing. There could be someone out there who could make a medical or technological breakthrough but doesn’t get the chance because they can’t afford to go to college.
0I think the main argument is that this isn't the way to go about that. The universities are totally out of control and need to be forced to curb their spending to make things more affordable before we just start handing them public funding like this.
-1Well I think this move is only going to hurt people in the short run, it was just asking for further dive in a recession, I do agree with this sentiment of it.
Tuition prices are absolutely insane. Colleges and universities are spending money on ridiculous nonsense, and that needs to be reigned in severely before Just throwing billions more taxpayer dollars at them.
That said, these funds weren't going to the universities. They were going to the banks, so cutting this off isn't going to influence tuition rates in any way.
1need to be forced to curb their spending to make things more affordable
How? Students are choosing more expensive places. The market is driving this.
1I don’t really think anyone in the government has a good solution for this, do they?
Remove the available money? Only the rich go to college. Add more money? The prices go up.
You could try regulating it, but then you just get colleges that refuse to accept government money, while simultaneously asking for the same amount.
I’m sure someone has a solution that would work, but it’s not anyone with the power to implement it, that’s for sure.
0
Another W for capitalism, another L for the worker class.
0most of what's happening in todays world is not a W for capitalism. Modern conservative thoughts on capitalism have long abandoned the necessary regulation of free markets we enforced for 2 centuries. capitalism only works if markets continually divide winners at the top. If you don't bust monopolies then capitalism begins to rapidly break down. We've known that for a long time and only recently stopped. You lose all the benefits of capitalism without that feature. What we have in America isn't capitalism really at all anymore. This whole concept that the government has no role in capitalism and free markets will always correct themselves is a myth and we've known that since before America. John Locke knew that he was a tax collector for the english crown.
-2
Vote! Encourage those around you to vote. Help drive someone to the polls. If you know a young person who's never voted, get them to vote.
Don't care who they vote for, just get them to the ballot box.
The more people vote, the better things turn out for the majority.
-1I always vote for Democrats up and down the ballot. But this just confirms my choice once again. Hopefully the 26 million people the Republicans screwed over will come to the same conclusion.
-1they won't they don't care to go anywhere near reality. It would never fit their perception of the world.
0I disagree. I was raised in a strongly Republican family. Fox News was perpetually on in my house, and Rush Limbaugh was a staple in the car. It took me until my 20s to start thinking for myself politically, and many years later, I now despise the Republican party and have gained the confidence to be outspoken about it. (I'm quite introverted, so that's kind of a big deal for me.)
For example, I grew up praying in Catholic churches for an end to abortion without really understanding its need as a medical procedure. It was only through education that I learned it isn't the horror show I had been told it is.
I'm just one person, but I know there must be more like me. People do change their views, and I hope more formerly brainwashed people like myself can be encouraged to change as well. There's still hope. Encourage people through education, not insults.
1
A very poor application of standing doctrine. Kagan cuts right to the heart of it when she asks "Where is MOHELA" as well as if anyone honestly thinks Missouri is there over MOHELA losing some fees. Heck, MOHELA wanted nothing to do with the suit and that the payments Missouri claimed MOHELA made back actually were never paid.
Then the recurrence of the "major questions doctrine," this invented idea that lets them throw out the plain text when they disagree.
That said, I did disagree with the plan. It was poorly targeted, hitting wealthier grads that still had loans, while ignoring poor people that never went in the first place, or were frugal and had limited loans. As someone that saw the Great Recession hit just after graduation, I wonder where my relief was from that emergency, as my lifetime earning took a massive hit, all while still having to pay my loans, with not so much as a payment pause or interest forbearance. To me, it was a thinly veiled attempt to buy votes for the midterm. Had it any other goal, Biden wouldn't have waited so long.
-2