Official Student Debt Cancellation Watch Thread

[FAH1223]

Didn’t ACB deny requests to challenge loan forgiveness like last week?

Yeah. I know one was the Wisconsin suit a couple weeks ago and there was another recently

 

[10:31]

So if this gets tied up in the courts through lengthy appeals processes and formal legalities is the pause extended indefinitely?

 

[Lucky_Lefty]

So if this gets tied up in the courts through lengthy appeals processes and formal legalities is the pause extended indefinitely?

To my knowledge, completely separate from the pause. It still ends at the beginning year

 

[10:31]

To my knowledge, completely separate from the pause. It still ends at the beginning year

This has the potential to be very “nasty” politically.

 

[FAH1223]

So if this gets tied up in the courts through lengthy appeals processes and formal legalities is the pause extended indefinitely?

To my knowledge, completely separate from the pause. It still ends at the beginning year

Biden has to extend the pause again before January assuming this is tied up into the holidays.

 

[Lucky_Lefty]

This has the potential to be very “nasty” politically.

If they play it that this is being led by conservatives, it can be be a net positive for progressives

 

[FAH1223]

 

[-DMP-]

Welp.

 

[Don Homer]

Republicans ain’t shyt

 

[Digital Omen]

So it'll go all the way to SCOTUS where it will promptly be shut down in a 6-3 decision, galvanizing zoomers, millennials, and Gen X to vote against Repugs in the next election similar to Roe v Wade being overturned

 

[FAH1223]

 

[Payday23]

He should just forgive it all and let Republicans kill their 2024 chances as well ATP.

 

[Don Homer]

so each person will have to sue? i dont get what he means by "case by case"

 

[Deafheaven]

fukking cocksucking rethugs god how could my fellow humans be so consistently miserable

 

[Wargames]

so each person will have to sue? i dont get what he means by "case by case"

They will probably have to create a whole agency and people will have to fill out paperwork. The process now is easy (and modern). They have all the records on hand so a computer could do it. This would mean that they would make it a process where a human goes over a file and makes a determination. To the point a system is in place where people could go out of default and get a paymentZ

It also means that people will have to resume payments in January. Before it can be forgive which will hurt people.

The only real counter to that is it would be nice if they increased the amount people can apply for. Like just say it and put the judges under pressure because even more could be forgiven if they drag this out.