Biden expected to announce $10,000 student loan forgiveness

Tony Stark said:
Probably is but DACA got Hispanics off Obamas back even though it wasn't certain he could do that by EO or that it would survive court challenges.

No doubt this SC overules this unless they get the money paid off and can't get put it back on students credit before they rule.
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Biden's standing is way stronger on wiping debt than issuing memos on immigration. This SCOTUS will usurp power from the executive once lawsuit comes in however.
 
Cuddles said:
Biden's standing is way stronger on wiping debt than issuing memos on immigration. This SCOTUS will usurp power from the executive once lawsuit comes in however.
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We’ll see. We are definitely in an emergency (albeit at the end).
 
UsualName said:
We’ll see. We are definitely in an emergency (albeit at the end).
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handouts are eventually reflected on the stock market. It's a fiction that cons. worry about spending. They'll have to weigh market bump vs handing Joe a win so close to election.
 
Cuddles said:
Biden's standing is way stronger on wiping debt than issuing memos on immigration. This SCOTUS will usurp power from the executive once lawsuit comes in however.
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I disagree.I agree with 2021 Nancy,the president cant do this.He gets and keeps credit for it though.
 
Very simple solution, -


Majority of debts would be gonne in a decade.

& These should be shown to potential students, before they place the signature.
 
Tony Stark said:
I disagree.I agree with 2021 Nancy,the president cant do this.He gets and keeps credit for it though.
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I'd have to look into it again but I'm fairly certain student debt (not just any debt) is one of those things that the president has huge power over. Similar to drug scheduling. Nancy isn't credible so I'd take anything she says w/a grain of salt.
 
Tsing Tao said:
She is right. Everyone - even Pelosi - knows that this is a political ploy for the midterms. The problem that Democrats have (like Republicans, they are extremely short sighted) is that this will only work once. It won't really help much with midterms, and then Biden won't be able to pull it back out when it matters to him in 2024.

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but the question is not whether it is a ploy...everything politicians do are ploys to get votes...

question is whether a president can wave repayment on debts authorized and budgeted by congress.
 
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