Current Events > Murican Republicans may challenge Student Loan Forgiveness.

(+) Yeah! (+)

https://www.nbcdfw.com/news/business/money-report/republicans-may-challenge-student-loan-forgiveness-uncertainty-for-borrowers-is- considerable-says-harvard-lawyer/3062281/

A number of Republican legislators may bring a legal challenge against President Joe Biden's historic announcement last week that he'd forgive the student debt of tens of millions of Americans.
Although no lawsuit has been brought yet, GOP attorneys general from states such as Arizona, Missouri and Texas, as well as Sen. Ted Cruz, R-Texas, and those connected to conservative think tank the Heritage Foundation, are considering their options when it comes to trying to block loan forgiveness, according to reporting by The Washington Post.
"The uncertainty for borrowers in the meantime is, I'm afraid, considerable," said Laurence Tribe, a Harvard law professor.
Biden said last week that most federal student loan borrowers will be eligible for some forgiveness: up to $10,000 if they didn't receive a Pell Grant, which is a type of aid available to low-income undergraduate students, and up to $20,000 if they did.
The White House, along with its announcement, released a 25-page memo by the U.S. Department of Justice making the case that debt cancellation is "appropriate" under the Heroes Act of 2003, which grants the president broad power to revise student loan programs. That law was passed shortly after the Sept. 11 terrorist attacks and permitted the executive branch to forgive student loans during national emergencies. The Trump administration declared the Covid-19 pandemic a national emergency in March 2020.
Those trying to block the forgiveness will likely argue that the Heroes Act of 2003 doesn't give the president the power to forgive student debt in the broad way he is trying to, said higher education expert Mark Kantrowitz.
The issue could make its way to the Supreme Court.
The news of a possible challenge from the right is unsurprising. Even before Biden rolled out his plan, some Republicans worked to stop an effort by the president to cancel the debt in national emergencies. Critics of student loan forgiveness say the policy is unfair to Americans who didn't attend college, as well as to those who paid off their student loans already or never borrowed in the first place.
The first obstacle to those hoping to bring a legal challenge against Biden's plan will be finding a suitable plaintiff, Tribe said. It'll likely have to be someone who can make the case that student loan forgiveness causes them "personal injury," and that might not be easy.
"Such injury is needed to establish what courts call 'standing,'" Tribe said. "No individual or business or state is demonstrably injured the way private lenders would have been if, for instance, their loans to students had been canceled."
'Be cautiously optimistic'
The news that a challenger to loan forgiveness could come forward is sure to make anxious the tens of millions of Americans who've been reimagining their lives with less student debt since the president's announcement.
The U.S. Department of Education has said its application for loan cancellation will be available by or before October, and Kantrowitz said borrowers should not change their plans for now.
"Borrowers should apply for forgiveness and be cautiously optimistic," he said.
Neither the White House nor the Education Department immediately responded to a request for comment.

How To Turn A Red Wave, Into A Blue Wave 101: Without Food Coloring.

I don't understand Republicans.

I get that they want to subvert Biden's massive poll improvement but at the same time, you're literally stabbing yourself to try to get blood on Biden

Talk about cutting off your nose to spiderface

what exactly do you not understand

they want people to hurt, their message doesn't work if people aren't hurting

Sackgurl posted...

what exactly do you not understand

they want people to hurt, their message doesn't work if people aren't hurting

Usually the idea is to not highlight the pain you're trying to inflict.

It'd be like trying to sneak a vaccine needle into a child's arm but at the same time busting in the door with clowns holding giant fucking needles and saying "ARE YOU READY FOR THE NEEDLE, SON?"

i sure hope these same Republicans go after the PPP loan forgiveness that costs twice as much

MachineJaipur posted...

Usually the idea is to not highlight the pain you're trying to inflict.

It'd be like trying to sneak a vaccine needle into a child's arm but at the same time busting in the door with clowns holding giant f***ing needles and saying "ARE YOU READY FOR THE NEEDLE, SON?"

they just lie about it later

It's the same concept behind their bullshit with that veteran healthcare bill

They're mad the Democrats scored a win and want revenge. But their whole party is disorganized and inept so they're completely flailing around trying to lash out however they can.

[LFAQs-redacted-quote]


Well, if there are some takebacksies, then you know exactly who to blame. Forever and ever.

[LFAQs-redacted-quote]

low. loan forgiveness does not create inflation, it literally just removes a federal government asset (that is, on average, not yielding much of anything in net returns after you factor for processing costs) off their books.

so it is quite difficult to even find a plaintiff, and existing legislation created the path the biden admin took to enact this

Keep pissing people off Republicans, even attempt to do this and they lose more voters.

Sackgurl posted...

low. loan forgiveness does not create inflation, it literally just removes a federal government asset (that is, on average, not yielding much of anything in net returns after you factor for processing costs) off their books.

so it is quite difficult to even find a plaintiff, and existing legislation created the path the biden admin took to enact this

They're going to try to argue that the powers granted in the 2003 act don't apply here, or at least at the scale that Biden applied tit

Doom_Art posted...

Talk about cutting off your nose to spiderface

Spider-Face
Spider-Face
shoots his foot and loses the race
Has foresight?
No, not that
He is
Just a t***
Look out!
There goes the Spider-Face

Doom_Art posted...

It's the same concept behind their bullshit with that veteran healthcare bill

They're mad the Democrats scored a win and want revenge. But their whole party is disorganized and inept so they're completely flailing around trying to lash out however they can.

It's funny how Democrats being even slightly competent exposes just how horrible Republicans are at governing

masterpug53 posted...

Spider-Face
Spider-Face
shoots his foot and loses the race
Has foresight?
No, not that
He is
Just a t***
Look out!
There goes the Spider-Face

Did he lose?
Listen bud
He's got voter fraud to claim
Can he litigate?
Sure he can
Fraudulent Claims
There goes the Spider-Face

They can start by paying back all the forgiven PPP loans they all got. Until then they can, as usual, fuck off.

MachineJaipur posted...

They're going to try to argue that the powers granted in the 2003 act don't apply here, or at least at the scale that Biden applied

yes, but this in turn runs against both the text of the 2003 law

https://www.govinfo.gov/content/pkg/PLAW-108publ76/html/PLAW-108publ76.htm

the circumstances specify "national emergency" which is an exceptionally broad term and is explicitly defined in the law as an exceptionally broad term:

National emergency.--The term ``national emergency''
means a national emergency declared by the President of the
United States.

in essence, they can't do shit. they already handed this power to the executive by law. the SCOTUS could rule in a nonsense way, and the executive could simply say "no, we're doing this, fuck off." SCOTUS power is enforced by the executive, you see. the GOP has no power here, which is why they're not publicly stating a plan. there is no plan.

Sackgurl posted...

in essence, they can't do s***. they already handed this power to the executive by law.

They planted the forest and are now pissed that they got slapped in the face by one of the limbs

MachineJaipur posted...

The news of a possible challenge from the right is unsurprising. Even before Biden rolled out his plan, some Republicans worked to stop an effort by the president to cancel the debt in national emergencies. Critics of student loan forgiveness say the policy is unfair to Americans who didn't attend college, as well as to those who paid off their student loans already or never borrowed in the first place.

since when has fairness to everyone been a prerequisite for legislation to pass?

krazychao5 posted...

since when has fairness to everyone been a prerequisite for legislation to pass?

Ideally, you want your laws and legislations to apply fairly across the board to the populace (that it affects).

But this is just a talking point to muddy the water and to appeal to the chuds that bitched about "but muh college that i already paid off!"

MachineJaipur posted...

Ideally, you want your laws and legislations to apply fairly across the board to the populace (that it affects).

But this is just a talking point to muddy the water and to appeal to the chuds that bitched about "but muh college that i already paid off!"

from what i understand, it is being applied fairly. people should've gone to college and got loans if they wanted it forgiven lol

As if overturning Roe didn't get the majority of moderates to got blue, this certainly would.

bigblu89 posted...

As if overturning Roe didn't get the majority of moderates to got blue, this certainly would.

It's weird how there's still moderates in America. You'd think you're either on board with the insanity of the GOP or wholly not okay with it

MachineJaipur posted...

It's weird how there's still moderates in America. You'd think you're either on board with the insanity of the GOP or wholly not okay with it

cause the internet does not represent reality. sorry

Sackgurl posted...

yes, but this in turn runs against both the text of the 2003 law

https://www.govinfo.gov/content/pkg/PLAW-108publ76/html/PLAW-108publ76.htm

the circumstances specify "national emergency" which is an exceptionally broad term and is explicitly defined in the law as an exceptionally broad term:

in essence, they can't do shit. they already handed this power to the executive by law. the SCOTUS could rule in a nonsense way, and the executive could simply say "no, we're doing this, fuck off." SCOTUS power is enforced by the executive, you see. the GOP has no power here, which is why they're not publicly stating a plan. there is no plan.

Didn't we already do this last term with Trump when he declared literally everything under the sun to be a national emergency and SCOTUS ruled he absolutely does have the legal authority to do that?

"How to win the right wing vote"

• Remove rights
• Tax them more
• Give the mega rich benefits and pay off their loans for them
• Cost them their jobs
• Make them work more for less
• Make their children's lives worse
• Deprive them of rights other countries consider a bare minimum
• Blame foreigners

And that's an "Always vote R" win in the bag for life!

So they are trying to sue the biden administration to force students to pay up, while they keep their ppp loans worth hundreds of times more?

I don't care what y'all think, if they somehow succeeded at taking 10-20k from millions of Americans, there would be blood. That's way too much money to not make millions of Americans more heated than they ever have been. Money is not something to mess with if you're not prepared.

Deleting money that never existed in the first place isn't contributing to inflation.

LightHawKnight posted...

So they are trying to sue the biden administration to force students to pay up, while they keep their ppp loans worth hundreds of times more?

Don't they need standing to sue? From my understanding, standing is a huge problem here. Also trying to take money away from people within 90 days of an election is not smart politics.

Takuya_Lee posted...

Don't they need standing to sue? From my understanding, standing is a huge problem here. Also trying to take money away from people within 90 days of an election is not smart politics.

To win probably, but there is no punishment for filing a frivolous lawsuit. There should be, but there isnt.

The GOP had the midterms served to them on a silver platter and they randomly smacked it to the ground, punched the waiter, puked on themselves, and then slipped in it and cracked their heads open.

Absolutely pathetic and 100% deserved.

pikachupwnage posted...

The GOP had the midterms served to them on a silver platter and they randomly smacked it to the ground, punched the waiter, puked on themselves, and then slipped in it and cracked their heads open.

Absolutely pathetic and 100% deserved.

And yet, they still have a chance somehow. SOMEHOW!

LightHawKnight posted...

And yet, they still have a chance somehow. SOMEHOW!

McConnell has given up on the Senate it seems like.

It's not clear what's going to happen in the house yet. Gerrymandering is destroying us.

It's all part of his master plan. Once $10k is tied up in litigation, he can extend the pause of repayment forever!

Lmao, fucking try it

pikachupwnage posted...

The GOP had the midterms served to them on a silver platter and they randomly smacked it to the ground, punched the waiter, puked on themselves, and then slipped in it and cracked their heads open.

Absolutely pathetic and 100% deserved.

That's... actually the perfect way to describe what's going to happen. And it's not just 1 thing that will cost them either. It's a series of things. 45s documents scandal. The GOP losing voters to COVID. The overturning of Roe. Just to name a few.