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It's not the loans, it's the schools that many people attended. Over promised and under delivered all the way around. For Profit institutions are the crooks. I get the complaints, and there is some relief for some who have attended some of these schools. But if you took out a loans for a private school where the cost is 20K+ a year for a degree that has no potential for a job that pays well, is it the tax payers responsibility to pay?Would be nice if the loans weren't predatory.
This is great news!!!6-3 against student loan payoffs. Heroes Act Biden tried to use is a big NO. Yay!
Supreme Court rejects Biden's plan to wipe away $400 billion in student loan debt
A sharply divided Supreme Court ruled Friday that the Biden administration overstepped its authority in trying to cancel or reduce student loans for millions of Americans.www.nbcphiladelphia.com
Can't discharge student loan debt......You can declare bankruptcy if your total assets and income cannot cover your total debts.
You can't write of a single debt (Or worse, demand someone else pay off your debt) because you don't feel like paying it.
Trump never declared bankruptcy and never bankrupted out any student loans.Fairness? You mean denying a student the ability to declare bankruptcy on a loan, like Donald Trump did 6 times, and the banks those students owe the loans to that were bailed out 4 times to the tune of trillions of dollars?
That’s fairness to you?
What bank is it you work for again?
Most of the people going to college have no business in college. The only people who need to go to college are people in the hard sciences and medicine. Most degrees aren’t worth the paper they are printed on. Degrees in sociology, political science, philosophy, various cultural studies and even law do little for their holders. The fools who incur huge debts for those worthless degrees deserve to have to pay for them while working as waiters and busboys.Well aren't all loans somewhat predatory? I've had a few in my life. Seldom did I find a lender who would work with me.
There are 2 things about this that will be the ultimate resort.
First; if you don't have the money, you're not going to repay the loan. Just the way it is.
Second; it does create/expand the market for loan swapping. Generally this is a bad idea. Nobody is going to give you a load to replace your current loan unless there is something in it for them. However, you may look better to a 3rd party lender than you would look to the current loan holder (who is seldom the originator).
The bottom line is a weaker nation. Fewer will go to college. So going forward we're going to have to import more "eggheads" (I use that term lovingly) from nations who aren't anti-education. Gee, I wonder if the right wing loons will have a problem with that? Nah...
Biden got slapped down by SCOTUS.6-3 against student loan payoffs. Heroes Act Biden tried to use is a big NO. Yay!
Supreme Court rejects Biden's plan to wipe away $400 billion in student loan debt
A sharply divided Supreme Court ruled Friday that the Biden administration overstepped its authority in trying to cancel or reduce student loans for millions of Americans.
Or for skrewey's third grade educationTrump never declared bankruptcy and never bankrupted out any student loans.
Plumbers and parking lot attendants should not have to pay the debts of doctors and lawyers.
Most of the people going to college have no business in college. The only people who need to go to college are people in the hard sciences and medicine. Most degrees aren’t worth the paper they are printed on. Degrees in sociology, political science, philosophy, various cultural studies and even law do little for their holders. ...
It was the right ruling......I don’t have a problem with this ruling. But I don’t think it’s going to help Republicans in the next election, particularly with younger voters.
Most college degrees are bullshit....just liberal elitist crap....Says who?
Dems always buy voters knowing they'll never have to pay for them and Dem voters mostly young and naive keep falling for the same freebie on a string gimick. That's what happens when a generation doesn't grow up knowing Lucy will always pull the football away from under these sweater wearing6-3 against student loan payoffs. Heroes Act Biden tried to use is a big NO. Yay!
Supreme Court rejects Biden's plan to wipe away $400 billion in student loan debt
A sharply divided Supreme Court ruled Friday that the Biden administration overstepped its authority in trying to cancel or reduce student loans for millions of Americans.
Three extremist Prog women. The death of the West.We do not live in a monarchy. The Founding Fathers set up a system of government where Congress, not the president, authorizes expenditures. How in the world three Justices could disagree with that concept is anybody's guess. Biden (or his handlers) must have known that he didn't have the authority to sell the Brooklyn Bridge and millions of Americans were sold a bill of goods.
Unfortunately, you are probably right. It is still the correct ruling.I don’t have a problem with this ruling. But I don’t think it’s going to help Republicans in the next election, particularly with younger voters.
Most college degrees are bullshit.....
Three activist judges that ignore the constitution.The Traitorous Three.
You rule by what the law says, not by what you make up.
...
Even law degrees aren't worth much.......
Would be nice if the loans weren't predatory.
I agree the issue is complex. I’d be more in favor of making junior colleges free.It was the right ruling......
This was an easy fix to a more complex problem....college tuitions are overpriced and forgiving loan debt is not going to make it more affordable.
College educations suck anyway.....unless you have one (like me), then you can pretend how superior you are to others who don't have a college degree...which I guess is why, folks take on all of that debt for a degree.....quite the vicious cycle.
True...the days of free or low cost tuitions are over......these folks are just mad they were born at the wrong time...get over it...Dems always buy voters knowing they'll never have to pay for them and Dem voters mostly young and naive keep falling for the same freebie on a string gimick. That's what happens when a generation doesn't grow up knowing Lucy will always pull the football away from under these sweater wearing
Charlie Browns, and they'll always go on believing next time it will be set and left there for them, nextvtime is always different.
peoplesworld.org
How about the unemployed ones?A lot of wealthy lawyers would laugh in your face.
