157
Sucks
Can anyone clarify if this strikes down Biden's plan in it's entirety or just the lump s forgiveness? TBH I always considered the rest of the plan that fixes ballooning interest and unaffordable monthly payments the meat of this plan. The 10k is just meh and isn't really fixing anything long term. Would be really unfortunate if the former got screwed by the latter
Another W for capitalism, another L for the worker class.
most of what's happening in todays world is not a W for capitalism. Modern conservative thoughts on capitalism have long abandoned the necessary regulation of free markets we enforced for 2 centuries. capitalism only works if markets continually divide winners at the top. If you don't bust monopolies then capitalism begins to rapidly break down. We've known that for a long time and only recently stopped. You lose all the benefits of capitalism without that feature. What we have in America isn't capitalism really at all anymore. This whole concept that the government has no role in capitalism and free markets will always correct themselves is a myth and we've known that since before America. John Locke knew that he was a tax collector for the english crown.
I know this upsets a lot of people, but the ruling isn't without justification. $450B++ in government spending should not be accomplished through a legal loophole. (Quite aside from the fact that fiscal stimulus is the last thing the economy needs right now.)
It is absolutely without justification. The language of the HEROES Act allows the Secretary of Education to "waive or modify any statutory or regulatory provision applicable to the student financial aid programs under title IV of the Higher Education Act of 1965." This is not a loophole, it is the law, passed by Congress. And regardless of any foreseen impact on the economy, SCOTUS should not legislate. Otherwise, they're just an activist court.
I don’t have kids but am perfectly happy to pay more tax to make education free or cheaper. How can anyone argue that a less educated society is better? The more people that can experience higher education is plainly a good thing. There could be someone out there who could make a medical or technological breakthrough but doesn’t get the chance because they can’t afford to go to college.
I think the main argument is that this isn't the way to go about that. The universities are totally out of control and need to be forced to curb their spending to make things more affordable before we just start handing them public funding like this.
Well I think this move is only going to hurt people in the short run, it was just asking for further dive in a recession, I do agree with this sentiment of it.
Tuition prices are absolutely insane. Colleges and universities are spending money on ridiculous nonsense, and that needs to be reigned in severely before Just throwing billions more taxpayer dollars at them.
That said, these funds weren't going to the universities. They were going to the banks, so cutting this off isn't going to influence tuition rates in any way.
need to be forced to curb their spending to make things more affordable
How? Students are choosing more expensive places. The market is driving this.
I don’t really think anyone in the government has a good solution for this, do they?
Remove the available money? Only the rich go to college. Add more money? The prices go up.
You could try regulating it, but then you just get colleges that refuse to accept government money, while simultaneously asking for the same amount.
I’m sure someone has a solution that would work, but it’s not anyone with the power to implement it, that’s for sure.
just make public universities cheaper, private sector will feel the competition and lower prices.
I honestly don’t think so. Private universities are already more expensive, why would they care if that gap widened more?
I always vote for Democrats up and down the ballot. But this just confirms my choice once again. Hopefully the 26 million people the Republicans screwed over will come to the same conclusion.
they won't they don't care to go anywhere near reality. It would never fit their perception of the world.
I disagree. I was raised in a strongly Republican family. Fox News was perpetually on in my house, and Rush Limbaugh was a staple in the car. It took me until my 20s to start thinking for myself politically, and many years later, I now despise the Republican party and have gained the confidence to be outspoken about it. (I'm quite introverted, so that's kind of a big deal for me.)
For example, I grew up praying in Catholic churches for an end to abortion without really understanding its need as a medical procedure. It was only through education that I learned it isn't the horror show I had been told it is.
I'm just one person, but I know there must be more like me. People do change their views, and I hope more formerly brainwashed people like myself can be encouraged to change as well. There's still hope. Encourage people through education, not insults.
I am like you! My dad_loved_Rush Limbaugh. But I was raised nondenominational. Became a Calvinist for a little while, worked at a Christian summer camp. Then got my first job at a U-Haul where my coworkers mostly POC. I met my future husband there, who helped me see how fucked up my upbringing was. Honestly it's been twelve years and I'm still uncovering shit.
But yeah, change is possible, just difficult. It's difficult to leave your tribe because they're fuckwits.
Fuck the SCOTUS.
from here on out, should be referred to as SCROTUS
Supreme Court Republicans of the US.
this post was submitted on 30 Jun 2023
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