If we had an honest supreme court they would decide the case in 2 seconds because Biden unambiguously has the right to do this.

Unfortunately we have a supreme court that will lie about the agreed on facts of the case before them to come out on the side of conservatives.

It is an unprecedented action, if Biden really does have the right than the SC would rule in his favour quickly. I think the SC does a good job in holding to the letter of the law.

Either way I think it's a mistake for Biden to try to do this, instead of slashing the interest rate which IMO is a far better solution than forgiveness of a lump sum. The high interest rates on a large balance is what is the real problem.

The problem is not interest rates. Interest rates in government loans are pretty low, almost always sub-7%. They should be lower, but the fundamental problem is that it costs $50k to become a nurse, a profession we need to train to have a basic functional society.

I worked about full time the entire time I was in school and took out the lowest amount of loans possible and went to the cheapest state school in one of the cheapest states and got help from my aunt paying for two years of tuition and STILL got out with over 25k of debt.

Forgiving student loans doesn't fix the system, but we could reduce student loan interest rates to 0% and it still wouldn't be a fix.

Also loan forgiveness in response to an emergency is an explicit power delegated to the president by congress. He has absolute unambiguous authority on this.


Also the current supreme court is probably the worst court in my lifetime about sticking to the letter of the law. They have so recently just out right ignored facts to create a favorable interpretation so conservatives can win.

what does this even mean



We can come to an agreement on 15k if 20k is too much

This post was edited by Legoatjames on Jun 1 2023 02:13pm

How is "emergency" defined in this context? Also, how exactly would student loan forgiveness actually solve the underlying issue? How would we ensure that this is not a one-time handout to a few particular cohorts while the cohorts that follow will immediately start to accrue crippling debt again?

it means that some others have priority over you

Covid was a federal emergency. It is covered under any possible reading.

Student loan forgiveness doesn't solve the underlying issue, but it is a step in the right direction. Not all actions need to be a total solution.

fkn hell life ain't fair

Inspirational.

It was a campaign promise made to entice people to vote for him, despite Biden & co knowing full well it would never actually happen.