this post was submitted on 04 Oct 2024
251 points (97.4% liked)

196

16359 readers
3125 users here now

Be sure to follow the rule before you head out.

Rule: You must post before you leave.

^other^ ^rules^

founded 1 year ago
MODERATORS
251
That was quick rule (lemmy.nowsci.com)
submitted 1 week ago* (last edited 1 week ago) by fmstrat@lemmy.nowsci.com to c/196@lemmy.blahaj.zone
 
all 13 comments
sorted by: hot top controversial new old
[–] BlemboTheThird@lemmy.ca 92 points 1 week ago (1 children)

Takes 4+ years to prosecute a popular, rich traitor. Takes one day to screw over poor people. Gotta love justice.

At least Trump got convicted in NY, I guess...

For now. Appeals court has been hinting that they may overturn verdict

[–] ZILtoid1991@lemmy.world 88 points 1 week ago (2 children)

cancelling student debt

OMG, what did student debt do?

[–] Changer098@lemmy.dbzer0.com 57 points 1 week ago (1 children)
[–] Spezi@feddit.org 27 points 1 week ago (1 children)

So student debts are republican politicians, got it.

[–] Lennny@lemmy.world 8 points 1 week ago

Mine keeps yelling about hailing Marys and our fathers.

[–] Midnitte@beehaw.org 29 points 1 week ago

If only Republicans would stop holding younger generations hostage through student loans...

[–] PyroNeurosis@lemmy.blahaj.zone 23 points 1 week ago

Who could have seen this coming? There was no way to prepare!

[–] Monument@lemmy.sdf.org 10 points 1 week ago* (last edited 1 week ago)

No shit. I posted this on one of this first articles, where a commenter pointed out the headline was a lie and the first ruling just found that Georgia had no standing, and that the judge had transferred the case to Missouri.

Which is more or less what happened the last time Biden tried to forgive student loans. Eventually Missouri was found to have standing, and all his efforts were thrown out.
Aside from a nagging feeling that it was known this was going to happen, and this was all for political talking points, I wanted to info dump.
A few tidbits from that prior lawsuit:

  • MOHELA supported loan forgiveness, although I can’t recall why. (I think it was about simplifying administration in the face of a bunch of loans that had already paid for themselves in terms of the interest collected. At this point the cost to maintain the loan on their books and or chase accounts they can’t write off is more expensive than attempting to recover the loan.)
  • MOHELA refused to be a plaintiff, and it was the state of Missouri claiming standing.
  • The state of Missouri only had standing due to a voluntary agreement where MOHELA would pay a certain percentage of revenue back to the state of Missouri - something it had not done for nearly a decade. Missouri’s standing was merely technical, and more or less un-realized.
  • Yet it still was used to fuck over millions of people, because Misery loves company.

Someone indicated that a court of appeals would take this up - that just means it goes to the supreme court eventually, where they come up with some dumbfuck ruling.

[–] antonim@lemmy.dbzer0.com 5 points 1 week ago* (last edited 1 week ago)

I take it the first link is older, the second one is newer?

I'm not American and I wonder if this stuff will ever cease to be in the news, I find it annoying to no end at this point (and can only guess how annoying it is to Americans who are actually affected by this). Biden might cancel some, even a lot of debt now, but within ten years you'll just end up with a new generation of people in debt. So, is there anything being done about, or politicians even vaguely suggesting some more systematic fix for this shitshow?