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Student Loan Forgiveness: Supreme Court Strikes Down Biden’s Debt Forgiveness Plan
(www.nytimes.com)
this post was submitted on 30 Jun 2023
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unsurprising, it was basically judged as setting a horrible precedent from the beginning.
go into debt? you pay your debt. full stop, end of discussion.
want to change that? get congress to change how laws work
"A horrible precedent of slightly more affordable education.
Born into indentured servitude? Work it off."
These are poor defenses of the current US debt system.
Cases of precedent affect legislation.
But it's not more affordable education? It's just funneling federal dollars into the education industry, which is such blatant corruption I don't get why anyone was ever for it. If you want to make education more affordable then start by.. reducing the cost of education?
Agree and disagree. They put the cart before the horse on this one for sure. If we solve the problem of unaffordable education, then we can talk about forgiving the student loans of people who didn't get to benefit from the new system
Just forgiving the student loans of a seemingly random block of people makes no sense. The next generation and more importly the universities will expect us to do the same thing later. Guess what that means?
Schools will raise their prices even more and kids will take on even more debt. We can't just slap a bandaid on this and pat ourselves on the back
You mean like by passing a law to allow the Secretary of Education to cancel loans?
Why just student loans? Why not all loans?