30 Millionen Kreditnehmer von Studiendarlehen erhalten schlechte Nachrichten, nachdem ein von Trump ernannter Bundesrichter Biden offiziell daran gehindert hat, einen umfassenderen Schuldenerlass durchzuführen
https://www.businessinsider.com/student-loan-forgiveness-blocked-biden-debt-cancellation-education-department-relief-2024-10
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The legal whiplash continues for millions of student-loan borrowers.
On Thursday, Judge Matthew Schelp of the Eastern District of Missouri, who was appointed by former President Donald Trump, placed a preliminary injunction on President Joe Biden’s plan to cancel student debt under the Higher Education Act of 1965.
This ruling came just hours after it appeared a separate federal court may have granted borrowers a lifeline. After a group of GOP state attorneys general filed a lawsuit in Georgia in September to block the debt relief, a federal judge ruled that Georgia was the improper venue for the lawsuit and transferred the case to Missouri.
Schelp’s ruling comes on the final day of the relief’s temporary restraining order — had Schelp not moved ahead and placed a preliminary injunction on the relief, the restraining order would have expired, and Biden would have been permitted to move forward with implementing the relief.
They vote against a bipartisan immigration reform bill, the vote against funds for FEMA, and now their activist judges inject their unelected selves into blocking relief for millions of Americans.
Why does the GOP hate Americans so much?
I think maybe the judicial branch needs a root and branch.
I truly hope those affected who are of voting age remember who has been fighting to take this away from you. VOTE BLUE DOWN THE LINE.
These courts have really hampered a lot of the shit Biden has tried to get done
This is garbage. Just let us have our relief. I’ll never be able to pay it back anyway due to circumstances outside of my control. Honestly I would if I could. What do they stand to gain from blocking this?
I just want to be fucking happy and productive in my society and not always have algorithms and sociopaths in power fucking with my freedom. Why can’t they just be fucking nice?
“You see, Kamala stops everything! She can’t do her job” – Republicans
Vote for Harris and give her a Congress that can make this the law of the land.
Education and health care are both human rights. Neither educational debt nor medical debt should exist at all. All of it should be summarily wiped out. The mere fact that this is configured as an undischargeable commodity in late stage capitalism is grotesque.
This is the best tl;dr I could make, [original](https://www.businessinsider.com/student-loan-forgiveness-blocked-biden-debt-cancellation-education-department-relief-2024-10) reduced by 72%. (I’m a bot)
*****
> Schelp's ruling comes on the final day of the relief's temporary restraining order – had Schelp not moved ahead and placed a preliminary injunction on the relief, the restraining order would have expired, and Biden would have been permitted to move forward with implementing the relief.
> The Education Department had previously intended to begin canceling student debt in October, and it has yet to post the final rule for the relief.
> With the latest ruling, Schelp wrote that the Education Department is enjoined from "Mass canceling student loans, forgiving any principal or interest, not charging borrowers accrued interest, or further implementing any other actions under the Rule or instructing federal contractors to take such actions.”
*****
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This whole ability to game the system by “judge shopping” really is an indicator to how broken the current federal court system is. Something needs to change so national injunctions can’t happen just because you file in a favorable jurisdiction. A national block should have to involve a group of national judges, not a single district court judge in a random state.
Trump and his supporters are synonymous with wanting to fuck the kids at this point
Biden should just do it anyway, I really don’t understand letting rogue judges make bad and politically based decisions that hurt millions.
Okay, hear me out. A judge said it would be illegal for Biden to pay off these student loans. What if he made it an official act?
Reform the loan processes. Please! Then actions like “loan forgiveness” won’t be necessary. If you can’t change the predatory loans then it’ll continue.
The Public Service Loan Forgiveness (PSLF) program is a United States government program that was created under the College Cost Reduction and Access Act of 2007 signed into law by President George W.
They’ve been fucking people over with this program for almost 20 years. Biden is just trying to make things right.
Republicans, and especially MAGAt Republicans, are a cancer in our society and they need to be excised. Get your asses out there and vote for the change you want. No excuses. VOTE.
It’s actually a fucking ridiculous system that it only takes one unelected federal district court judge to block federal agencies from carrying out their duties across the entire country.
This same shit happened to the non-compete ban. Conservative judges are such douchebags.
Why the bloody fuck would someone do this?!
This is what we can expect from the republican party
Can’t wait to vote in November.
I was fortunate enough to have the government pay for most of my college but even if I didn’t college was basically FREE when I was in school (mid 90s) compared to now.
probably for the best. All that money they save will probably go into some tax free Cayman Island account or corporate stock buybacks.
So the trump judges were just playing hot potato
Vote.
Always remember, Conservative voters: The Republican party’s primary goal is to keep the vast majority of Americans (including you!) poor, desperate, and locked into a system of modern feudalism.
They don’t want a better, smarter, healthier, more capable country. They want a small ruling class and a massive servant class and you are voting in favor of that every time you vote for them.
Duh.
Those 30 million people better all be voting in the coming elections.
That shouldn’t have any effect on the election. /s
This was the one non-election related piece of good news I saw the other day, and a fucking dirty judge blocks it. Screw that judge. I need to stay off my phone for a while.
Legal contracts bind both parties to the contract, news at 11.
People who actively pursue loans, enjoy the benefits of those loans, and now want to dine-and-dash when the check comes and make the server and busboy carry the bill? NAH. Pay your debts.
Lmao, still not paying.
Fuck it. Adjust the current repayment plans so that monthly payments are $50.
Just ignore the court and do it anyway. That’s what republicans in Texas are doing: a court there ruled they can’t deny trans folks gender changes on their documents, and they’re ignoring the court. So court rulings only matter if the judge is republican? I’m tired of this shit. Stop trying to work with a party that has zero interest in democracy.
Vote red if you hate everything good and kind about America!
Vote Blue for community, care and a chance to succeed!
Why can’t Democrats just do a wide-ranging “stimulus” to every American under a certain income amount (scaling down to $0 at the upper most point) like was done during COVID in 2020? They can say it’s for student loan relief, and if you paid them off already, you’re getting it back, too. Or maybe you didn’t go to college and now you have money to help with that. Or to pay down whatever other debt you want.
Instead they insist on only giving the handout to those with student loan debt remaining. Punishing the prudent who went to cheaper colleges and/or paid them off diligently vs. spending on leisure, and punishing those who never went to college (who are statistically lower paid than those who did).
I ask this question to leftists, and they never give me an answer.
The MEDIAN student debt is significantly lower than the average student debt, because the average is skewed by those with insanely large amounts of debt, and post-graduate degree-holders have 2x or more the median debt as those with just a bachelor’s degree (I often see the “I was too young to know better at 17-18!” defense, which I think is BS, but you definitely should know better by 22+).
Democrats could just do a $10,000 stimulus to everyone below a high income threshold and it’d wipe out 50% or more of the debt of the majority of student debt holders (if they actually put it all towards that… I’m cynical that they would) while helping out everyone else in the lower 90% of socioeconomic status as well. They could also reverse the 2005 law that made student loans stick with you in bankruptcy for all future loans, i.e. the root of the entire problem. That would mean banks would suddenly not want to loan tens of thousands of dollars to people w/ little to no credit history, income, or savings, and colleges would have to come back to earth with their prices. Elizabeth Warren argued against it in 2005 before she was a politician. Now as a Senator, repealing that law which funnels ungodly amounts of money into colleges is oddly no longer a speaking point for her. How strange…
It’s just so crazy to me that random judges in any random ass state can just decide if the President has the right to do things. I know it made sense 80 years ago when judges weren’t partisan hacks, but at this point it’s literally just a bunch of unelected political operatives who only seem to function as ways of delaying or destroying the other party’s efforts.
Vote, people
I really wish Biden would just do what the Republicans would do if the situation was reversed- “oh, sorry, it’s already done, and we lost the records so can’t undo it”
I just want to be able to make a goddamn payment and have it count on my PSLF totals. But any payments I make only go towards future bills and aren’t counted for these months where I’m forced into an administrative forbearance I didn’t choose, and that subsequently negates any months during the forbearance from counting on my PSLF unless I “buy them back” later.
Not to mention that I can’t even apply to other IDR plans right now because they aren’t accepting applicants during this mess. Who knows what will happen.as I’m set to recertify my IDR in the coming months.
We seriously need to restructure the GOP.
But hey, don’t worry… they’ll be clamoring over themselves to bail out the next failed corporation or bank.
It would almost be hilarious if wasn’t so blatant.
This country needs an enema.
Are young folks paying attention at all?
We all just need to get out and vote, all 30 million of us.