News

7 readers

5 users here now

Breaking news and current events worldwide.

founded 1 year ago

324

The Supreme Court strikes down Biden's student-loan forgiveness plan, blocking debt relief for millions of borrowers (www.businessinsider.com)

submitted 1 year ago by [email protected] to c/[email protected]

190 comments fedilink hide all child comments

The Supreme Court ruled Biden's student-loan forgiveness is illegal, meaning borrowers will resume payments without debt cancellation this year.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 4 points 1 year ago (1 children)

Eh, this was always on shaky legal grounds. Even Pelosi herself said last year that she didn't think the Executive had the authority to unilaterally do this, and as I understand, Biden was skeptical as well. It's a bit of a stretch to say that Congress intended to allow the President to unilaterally void student debt when they passed a measure to allow for adjustments during emergencies.

The ostensible textualists on the Court are certainly being a little hypocritical, but it's not an absurd ruling.

[–] [email protected] 3 points 1 year ago

It's at least got to completely parallel the executive branch's discretion with federal drug laws, that they've exercised in not prosecuting for federal marijuana violations. I feel like that's something to watch out for now.