Student Loan Transfer from Borrowers to Taxpayers Oral Arguments

7,407 Views | 102 Replies | Last: 3 yr ago by fka ftc
TxTarpon
How long do you want to ignore this user?
TxTarpon
How long do you want to ignore this user?
Texasaggie32 said:

I know it's a bit of the Senate's fault and Trump's fault, but wish that with a 6-3 majority this should get struck down. Seems like the RINOs will vote for it to stand though.
Let's hope not.
It should be struck down.
Watch Roberts vote for it though.
Texasaggie32
How long do you want to ignore this user?
TxTarpon said:

Texasaggie32 said:

I know it's a bit of the Senate's fault and Trump's fault, but wish that with a 6-3 majority this should get struck down. Seems like the RINOs will vote for it to stand though.
Let's hope not.
It should be struck down.
Watch Roberts vote for it though.
Not a legal expert but ACB seems to be asking questions to look like she's going to side with the libs
TxTarpon
How long do you want to ignore this user?
Oh crap
I hope not.
June might be a month of bad news.
Malibu
How long do you want to ignore this user?
It's not the courts job to decide whether or not loan forgiveness is good public policy or not. It's their job to determine whether or not Biden has the ability to do loan forgiveness under the parameters that have been set forth by Congress. This ruling may have a weird mix of opinions that don't fall neatly in to liberal versus conservative.
Texasaggie32
How long do you want to ignore this user?
Admiral Adama said:

It's not the courts job to decide whether or not loan forgiveness is good public policy or not. It's their job to determine whether or not Biden has the ability to do loan forgiveness under the parameters that have been set forth by Congress. This ruling may have a weird mix of opinions that don't fall neatly in to liberal versus conservative.
It sounds like the issue at hand is are those states actually the harmed parties that can bring forward the lawsuit or does it need to be someone else who was "damaged"
fka ftc
How long do you want to ignore this user?
Admiral Adama said:

It's not the courts job to decide whether or not loan forgiveness is good public policy or not. It's their job to determine whether or not Biden has the ability to do loan forgiveness under the parameters that have been set forth by Congress. This ruling may have a weird mix of opinions that don't fall neatly in to liberal versus conservative.
Its clear on the merits Biden has overstepped, hence the hard push to challenge the standing aspect.

On the merits, it absolutely loses. And it better, so says the US Constitution.
Kansas Kid
How long do you want to ignore this user?
According to Sotomeyer

"And what you're saying is now we're going to give judges the right to decide how much aid to give them instead of the person with the expertise and the experience the secretary of Education who's been dealing with educational issues and the problems surrounding student loans," she said.

I agree with you Justice Sotomeyer, judges shouldn't be deciding on much aid to give. The Constitution is pretty clear that the Congress should be deciding it. She may not have gotten to that part of the constitution yet in her reading list.
Teslag
How long do you want to ignore this user?
Kansas Kid said:

According to Sotomeyer

"And what you're saying is now we're going to give judges the right to decide how much aid to give them instead of the person with the expertise and the experience the secretary of Education who's been dealing with educational issues and the problems surrounding student loans," she said.

I agree with you Justice Sotomeyer, judges shouldn't be deciding on much aid to give. The Constitution is pretty clear that the Congress should be deciding it. She may not have gotten to that part of the constitution yet in her reading list.

The position of the administration is that Congress has in fact given that authority by statute. Not saying I agree with it, but that's their position.
fka ftc
How long do you want to ignore this user?
Kansas Kid said:

According to Sotomeyer

"And what you're saying is now we're going to give judges the right to decide how much aid to give them instead of the person with the expertise and the experience the secretary of Education who's been dealing with educational issues and the problems surrounding student loans," she said.

I agree with you Justice Sotomeyer, judges shouldn't be deciding on much aid to give. The Constitution is pretty clear that the Congress should be deciding it. She may not have gotten to that part of the constitution yet in her reading list.
No, that beautiful leader of the teachers union is who decides whats best. She is always right. She must be heard. She checks at least 3 boxes on the EEOC form!
Kool
How long do you want to ignore this user?
Kansas Kid said:

According to Sotomeyer

"And what you're saying is now we're going to give judges the right to decide how much aid to give them instead of the person with the expertise and the experience the secretary of Education who's been dealing with educational issues and the problems surrounding student loans," she said.

I agree with you Justice Sotomeyer, judges shouldn't be deciding on much aid to give. The Constitution is pretty clear that the Congress should be deciding it. She may not have gotten to that part of the constitution yet in her reading list.

Assuming, of course, that the Secretary of Education is a Wise Latina, because we know they, with the richness of their experiences, always make the best decisions.
Bill Clinternet
How long do you want to ignore this user?
Need to change how 4 year college is paid for.

Need to forgive all student loans once that is done and hit reset button.
Rapier108
How long do you want to ignore this user?
Neehau said:

Need to change how 4 year college is paid for.

Need to forgive all student loans once that is done and hit reset button.
No and No.

You took out the loans, you pay them back. Keep your ****ing hands out of my paycheck.
"If you will not fight for right when you can easily win without blood shed; if you will not fight when your victory is sure and not too costly; you may come to the moment when you will have to fight with all the odds against you and only a precarious chance of survival. There may even be a worse case. You may have to fight when there is no hope of victory, because it is better to perish than to live as slaves." - Sir Winston Churchill
fka ftc
How long do you want to ignore this user?
Neehau said:

Need to change how 4 year college is paid for.

Need to forgive all student loans once that is done and hit reset button.
How much have you donated to the student loan forgiveness fund?
rab79
How long do you want to ignore this user?
LMCane said:

Muktheduck said:

The banks *should* be on the hook for making billions of dollars in high risk loans. But that's never how this works is it?

Housing crash all over again. The government and banks work together and create a massive bubble in the name of equality, and taxpayers will be on the hook. Until the federal govt is disallowed from backing loans, this will keep happening. Banks have 0 incentive to run a fiscally responsible operation when they know their losses will all be eaten by uncle Sam

You frankly don't know what you are talking about.

"Obama took away the roles of the private banks in making loans. For this exact reason.

Irresponsibility: A new report finds that 27.3% of student loans are delinquent. Why does this matter? Because thanks to President Obama, about $1 trillion dollars of student loan debt is owed to the federal government.

Obama keeps trying to portray the student loan crisis as a problem suffered by students burdened by a mountain of debt when they graduate, and who are unable to make enough money to pay it back.

But that's not the real crisis.

First, average student loan debt is only a little over $20,000. A student who gave up his $5-a-day Starbucks habit could pay off the principal in about a decade.

Second, despite the endless hue and cry about rising tuitions, the amount students actually pay to go to college net of grants, aid, discounts, and what not has barely budged, according to the College Board.

The problem isn't even that, at nearly $1.2 trillion, the total amount of student loan debt now exceeds that of auto loans or credit card debt.

The real crisis is one Obama himself manufactured since taking office.

In 2010, Obama eliminated the federal guaranteed loan program, which let private lenders offer student loans at low interest rates. Now, the Department of Education is the only place to go for such loans."
I had a student loan to go to grad school, went to the local bank and talked to the loan officer, laid out how long it would take to get the degree and what my opportunities would be with the degree. Paid it off within 3 years after graduation. How the process should work.
NO AMNESTY!

in order for democrats, liberals, progressives et al to continue their illogical belief systems they have to pretend not to know a lot of things; by pretending "not to know" there is no guilt, no actual connection to conscience. Denial of truth allows easier trespass.
strbrst777
How long do you want to ignore this user?
strbrst777 said:

SC should put this down with a scathing opinion. The loan-forgiveness scheme is
nothing more than pandering with one purpose; the purpose is buying votes. It is
unfair to taxpayers and to all who have paid and to those who will pay their just
debts. The amounts of $10,000 or $20,000 should be manageable even it the debt
has to be restructured to "pay what you can when you can." If amounts of debts are
$50,000, $75,000 $100,000 or more, forgiving $10,000 or $20,000 of the total does
not solve the debtor's "problem." Pandering and vote-buying is the name of Biden's
loan-forgiveness scheme; this is beyond obvious to any person who gives it
a thought. ___Question: How is obligation to repay student loan debt different from that to repay debt incurred on a home, car or credit cards? Answer: No different.__ Millons of people overextended, especially in times of "easy money."


PCC_80
How long do you want to ignore this user?
If SCOTUS allows this to proceed get use to the Dems/Libs doing this just before every election.

Every Election: "Vote Dem and have $10K - $20K of your school debt cancelled."

Sadly almost half the people in this country would fully support this happening.
Trajan88
How long do you want to ignore this user?
This clown has a melt-down in front of rmthe Supreme Court...

"Teachers Union President Melts Down On Supreme Court Steps"

https://dailycaller.com/2023/02/28/randi-weingarten-supreme-court-steps/
Ag CPA
How long do you want to ignore this user?
The fact that this has a good chance of being overturned on standing shows how half-assed the GOPs legal work is.
australopithecus robustus
How long do you want to ignore this user?
It is an extraordinarily bad idea to forgive student loans. The accountability and struggle build character, assist greatly with getting past a victimhood mentality and make students appreciate their education more.

Also, it teaches them to use measured judgement when borrowing, how to allocate the proceeds or pay the price for imprudent practice, and to not expect more for less.

I say all this as a parent. Often it seems leftist propositions are embraced by either those who don't fully believe in accountability for their children or don't have children at all so they could care less.

When you live a life with a responsibility for stewardship of children you always consider the domino effect of decisions at a deeper level.
Aston04
How long do you want to ignore this user?
Aggiehawg told me nobody would have standing to bring forward this case. Hate being right.
fka ftc
How long do you want to ignore this user?
australopithecus robustus said:

It is an extraordinarily bad idea to forgive student loans. The accountability and struggle build character, assist greatly with getting past a victimhood mentality and make students appreciate their education more.

Also, it teaches them to use measured judgement when borrowing, how to allocate the proceeds or pay the price for imprudent practice, and to not expect more for less.

I say all this as a parent. Often it seems leftist propositions are embraced by either those who don't fully believe in accountability for their children or don't have children at all so they could care less.

When you live a life with a responsibility for stewardship of children you always consider the domino effect of decisions at a deeper level.
King Biden full of many many extraordinarily bad ideas. You keep watching. He's surely saving the best for last.
texagbeliever
How long do you want to ignore this user?
Muktheduck said:

The banks *should* be on the hook for making billions of dollars in high risk loans. But that's never how this works is it?

Housing crash all over again. The government and banks work together and create a massive bubble in the name of equality, and taxpayers will be on the hook. Until the federal govt is disallowed from backing loans, this will keep happening. Banks have 0 incentive to run a fiscally responsible operation when they know their losses will all be eaten by uncle Sam


I feel like universities deserve a large part of the blame for selling a product with misleading claims on ROV. Also not at all being interested in trying to make a degree usefull and in many ways teaching bad habits.
Rapier108
How long do you want to ignore this user?
Trajan88 said:

This clown has a melt-down in front of rmthe Supreme Court...

"Teachers Union President Melts Down On Supreme Court Steps"

https://dailycaller.com/2023/02/28/randi-weingarten-supreme-court-steps/
The ***** was also behind keeping schools closed for 2 years, and forcing kids into masks.
"If you will not fight for right when you can easily win without blood shed; if you will not fight when your victory is sure and not too costly; you may come to the moment when you will have to fight with all the odds against you and only a precarious chance of survival. There may even be a worse case. You may have to fight when there is no hope of victory, because it is better to perish than to live as slaves." - Sir Winston Churchill
fka ftc
How long do you want to ignore this user?
Rapier108 said:

Trajan88 said:

This clown has a melt-down in front of rmthe Supreme Court...

"Teachers Union President Melts Down On Supreme Court Steps"

https://dailycaller.com/2023/02/28/randi-weingarten-supreme-court-steps/
The ***** was also behind keeping schools closed for 2 years, and forcing kids into masks.
Round her, Fauci, Biden and Don Lemon up for some nuremberg trials. f16 gets to choose method of their sentence.
Kansas Kid
How long do you want to ignore this user?
Neehau said:

Need to change how 4 year college is paid for.

Need to forgive all student loans once that is done and hit reset button.

I suppose we should also forgive all house mortgages as well and then once that is done, hit the reset button on how house are paid for.
fka ftc
How long do you want to ignore this user?
Kansas Kid said:

Neehau said:

Need to change how 4 year college is paid for.

Need to forgive all student loans once that is done and hit reset button.

I suppose we should also forgive all house mortgages as well and then once that is done, hit the reset button on how house are paid for.
I am about to owe a huge tax nut this year or next. If I agree to vote D, can I get one of those Hunter loans where uncle Soros pays it for me but I don't have to pay him back and the IRS decides its not a gift?

Debt is a legal obligation that must be paid back. If you want free college, they still have the GI bill, right?
Ellis Wyatt
How long do you want to ignore this user?
Neehau said:

Need to change how 4 year college is paid for.

Need to forgive all student loans once that is done and hit reset button.
Why?

Why?
Ellis Wyatt
How long do you want to ignore this user?
Trajan88 said:

This clown has a melt-down in front of rmthe Supreme Court...

"Teachers Union President Melts Down On Supreme Court Steps"

https://dailycaller.com/2023/02/28/randi-weingarten-supreme-court-steps/

**** that ho!
fka ftc
How long do you want to ignore this user?
Ellis Wyatt said:

Trajan88 said:

This clown has a melt-down in front of rmthe Supreme Court...

"Teachers Union President Melts Down On Supreme Court Steps"

https://dailycaller.com/2023/02/28/randi-weingarten-supreme-court-steps/

**** that ho!
That's a hard no for me dawg. Nope, no thank you, not possible to be drunk and desparate enough to funk that ho.
Hungry Ojos
How long do you want to ignore this user?
Ellis Wyatt said:

Neehau said:

Need to change how 4 year college is paid for.

Need to forgive all student loans once that is done and hit reset button.
Why?

Why?


Because like everything else in his life, he doesn't want to be responsible for his own actions. He thinks the US taxpayer (of which he is not) should fund his life.
fc2112
How long do you want to ignore this user?
So for the lawyers on here....

As opposed to many EOs we see issued, there seems to be basis for student loan forgiveness baked into the HEROES Act. At least, the SG argued as such.

And the standing of Missouri and MOHELA never seemed to be clearly stated. And no one spelled out the damages MOHELA would suffer from this.

Trust me, I think student loan forgiveness is bad policy, but SCOTUS doesn't rule on policy, they rule on the law.

100% chance a draft opinion gets leaked too.
fka ftc
How long do you want to ignore this user?
SCOTUS rules on the US Constitution, including laws AND policies.

One should not need "standing" to accuse the Executive of violating the US Constitution and separation of powers.

The damage is the unconstitutional nature of the EO. Lawyers and judges may be the least knowledgeable people ever on the US Constitution.
 
×
subscribe Verify your student status
See Subscription Benefits
Trial only available to users who have never subscribed or participated in a previous trial.