re: BREAKING: Federal judge declares bidens plan to forgive student loans unconstitutional

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I didn't qualify for either but if you're fine with how PPP loans went down and against the student loan forgiveness, you're incapable of any sort of objective critical thinking.

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One was specifically legislated in response to Wuhan and shutdowns to forgive the loans it also handed out while the other is based on a post 9/11 bill that just allows not letting affected’s existing financial aid situation to get worse and make things worse for them financially when a national emergency is directly causing them to suffer economic hardship.

The Paycheck Protection Program was included in the Wuhan/CARES act and could “be partially or fully forgiven if the business keeps its employee counts and employee wages stable.”

How and what businesses ended up doing this was sometimes problematic, but it was legislated to forgive if businesses stayed open and employing people during time frame.

That’s different than going back to a post 9/11 law that doesn’t ok loan forgiveness but was enacted to stop those in financial aid program and suffering “direct economic hardship as a direct result of a war or other military operation or national emergency” from being “placed in a worse position financially in relation to that financial assistance”.

Heroes is keeping status quo while those directly affected face financial hardship due to a national emergency (additional included for military including no hardship required while actively serving during). Not allowing interest to accrue, fees, penalties, defaulting, and/or required payments to start due to having to take a break in school fits. Even an event directly causing unemployment/income loss & hardship while repaying probably also fits a pause on paying without penalty, fees, interest, and defaulting as well; but outright forgiving loans owed before national emergency or taken during same emergency goes beyond its scope. It also creates more debt for country beyond legislative approved spending as well.

Trump used it late in 2020 to basically extend until end of Jan 2021 what Cares Act had done before that specific part expired. Biden has continue to do the same for rest of 2021 and during 2022. They both (at the time) knew it couldn’t be used to forgive and could just be used to avoid financial aid program putting the defined affected in a worse position.

I am not even sure Biden is still justified to use Heroes to pause required payments as what is the national emergency today??? There is a reason his staff started immediately minimizing Biden saying pandemic was over on 60 minutes months ago.

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Might as well be American taxpayers benefiting from it.

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The "actual" taxpayers will get shafted. They have to pay the bill.