Fust weeks removed from a Supreme Court ruling that declared its student loan forgiveness program unconstitutional, the Biden administration on Friday announced new relief for students that will cancel $39 billion in debt for more than 804,000 past students.
Pretty sure that is supposed to be

Just,

Waiting for the brilliant retort that A SC ruling that says An Action is Unconstitutional
Knowing that the Constitution is The Law of the Land
Isn't a law.

I'd certainly be disappointed, but I think people really need to pay their debts.  The practice of loan forgiveness (often part of pandering), whether 30 years ago or today, relies on lots of working people who never went to college contributing to pay for college degrees for others.  I think the tide is turning in regard to the stigma of not having a university degree.  They are increasingly expensive and often useless vehicles for indoctrination rather than education.  My company is starting to not require degrees for people with the desired skillsets.  In a sense it rubs me the wrong way, because I worked hard on a technical degree.  In another sense, I celebrate the fact that people can and will succeed outside the poisonous university system that breeds closed-minded progressive ideologues living exclusively in their putrid echo chambers.

A part time job that I loved at college more than paid for my degree.
I don't think I could do that today.
I don't agree with total cancellation but little help don't hurt.
Beyond that,... just tighten yer belt a bit.
I also tucked away $20k while working in college and living at home.
Live within your means is key.
But I do feel for current students... costs are so high.

So, someone paid back the amount required over 25 years.
And NEVER checked the balance ?

 Its the years people were told they were getting credit, not the money paid.  The balance is irrelevant, there's no way you could have known the payments weren't counting towards the years.  The Government agreed to forgive the loan after 20 - 25 years of payments, but miscalculated, or simply never calculated any of those years of payments, or the income percentages.  The balance isn't the issue here.

 Its like a job saying they will pay for your schooling if you work 5 years.  Once you work 4 years they tell you the recruiter forgot to check the "college" box so they won't be paying for your school.  Oops.  

 How would you know they weren't counting those working years if they just kept telling you they were?

 Your comparison would be showing them timecards.  That's not the problem, nobody is questioning if you worked, they are saying they never considered you for the pay-off program and never told you.

Where does the president get the legal authority to Do what he wants?
The Supreme Court SAID it was UNCONSTITUTIONAL for him to do it...

And yet,, he's doing it..


 Its not the same thing.  The Supreme Court never SAID the program in effect for the past 30 years is UNCONSTITUTIONAL.  

 You are mixing new loan forgiveness paid for by the taxpayer with a 30 year old program where people thought they would have loans forgiven after paying 20-25 years.  The government screwed up and didn't give some people credit for the loan agreements made decades ago.

 If it was UNCONSTITUTIONAL, why didn't anyone say this 30 years ago?  The current proposed modifications need scrutinized, but there is no Supreme Court ruling on them.

 Let me guess, since I am acknowledging there is a difference between current loan forgiveness, and loan deals made 30 years ago, and that the Supreme Court only ruled on one of those...that makes me "Pro-loan forgiveness" right?  Even though I've made it clear the current loan forgiveness proposals are a bad idea.

Eegore wrote on 07/14/23 at 16:45:18:

Wrong !

Yes if the loan maker said something, and it was in writing.
You better believe something could be done about it.

If the loan maker, 'said' something, and their is nothing to back up that, 'saying something'.
Then it's tough titty kitty.

Eegore wrote on 07/14/23 at 16:45:18:


The believe in THAT,
is EXACTLY what some loan givers, rely upon.

If a person has a scintilla of a brain cell, they will check.

AH, but it is working.
More and more, ARE. DFI's,
and they vote to make
even more brain dead people !

Wrong !

Yes if the loan maker said something, and it was in writing.
You better believe something could be done about it.

If the loan maker, 'said' something, and their is nothing to back up that, 'saying something'.
Then it's tough titty kitty.


 Yeah that's why this is in the news and has been an issue for a while.  Tons of people have documentation, which is why things are being done.

 Unfortunately nobody out of these thousands and thousands of people and multiple legal teams ever thought to give receipts to the Government like you said, so it's not "simple" for them.  Everyone involved is just too stupid to do it the "simple' way.



"The believe in THAT,
is EXACTLY what some loan givers, rely upon.

If a person has a scintilla of a brain cell, they will check."

 Check what exactly?  Their documentation says they are good to go.  They don't have access, or the rights to access every computer they think handled their loans EVERY month for 20 years.  

 Its like you paying your house payment every month, you get receipts and monthly bank statements.  To you, the information you have access to, says your payments are good.

 In 15 years the bank says THEIR internal system calculated wrong, so the payoff forgiveness they promised at year 20 is not going to happen. Oops.  You should have had a scintilla of a brain cell and done monthly checks of the IT systems at your bank, the IRS, and underwriters to make sure their internal computer systems aren't doing something wrong.  Why weren't you asking for monthly digital search warrants from your local Judge?


 How about this, you work 25 years at a Company then learn they won't have a pension, or a reduced pension for you due to bad accounting/business investments.  This has happened to many people.  Those idiot workers should have been getting warrants and auditing the Company books every month to make sure their pension funds were good to go, right?


 Now the NEW loan forgiveness is a totally different story.  Those humans should have been calculating their payment/interest rates and reading their contracts.  Those people could have been doing exactly what you said.  But for any of this to make sense you would have to Observe that these are two totally different loan issues made decades apart.
 

Eegore wrote on 07/15/23 at 12:45:47:


You just love to Deflect and Spin.

A person made the deal.
That person read, agreed to, signed the contract.
That person has a record of that deal/contract.
That person, followed all of the criteria in that contract.
If the 'other' person/entity did not fulfill the contract the other person signed.
The remedy IS SIMPLE.

If a person signed a contract to borrow money.
Did Not read, (or have someone who could) understand it.
Signed that contract.
Has no record of that contract.
Has no record of payment/fulfillment of contract.
And the other person/entity decided to say, 'Tough Titty Kitty'.
Guess What, IT IS Tough Titty Kitty !

Is that person/entity dishonest.
Sure. And not a lot of things can be done.

UNLESS, a 'government',
   wants to teach,
     that you are
not responsible for your actions !