Quote (NetflixAdaptationWidow @ 1 Jun 2023 23:22)
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.
I would assume that some kind of substantive connection between an emergency and the emergency measures taken to address it would be required. And in this case, I have a hard time seeing it. Suspending student loan debt payments because young folks can't work due to covid? Sure, until covid is over. But entirely forgiving the debt although it can be paid off once covid is over strikes me as overreach.
Anyway, that's in the past. Covid is no longer an emergency, so under which law could Biden forgive the student loan debt today?
A step that does absolutely nothing to solve the underlying issue is a waste of money and time. The correct approach for this issue would be to reduce the cost of going to college to a reasonable level, one where young people don't need to go into debt to get a good education. Doesn't matter how you do it, via regulations, hard tuition caps, incentives or something else. THEN and only then does it make sense to say "now that the future cohorts of students don't have to go into crippling debt, we have to address the injustice suffered by the older cohorts who took their loans before we brought college costs back down to earth, so let's forgive their loans".
This post was edited by Black XistenZ on Jun 1 2023 06:09pm