student loans are a hit!

[Ekco]

Originally Posted by Evia [You must be logged in to view images. Log in or Register.]

Go my team go!

it's basically curling with deck chairs on the titanic. the sport is stupid but you're happy when your team wins in the moment, but in the end we're all going to drown.

The federal student loan portfolio currently totals more than $1.6 trillion, owed by about 43 million borrowers.

you can force them to repay or forgive it, it doesn't fuckin matter the system is still dying

[Origen]

I'm a leftist. I can meme.

I just don't really like Trexller because his response to everything is violence and stupid masculine chest beating. It's very high school except he's in his 30's.

So I don't usually bother.

[aussenseiter]

Originally Posted by Lune [You must be logged in to view images. Log in or Register.]

Congress passed the authority to forgive loans during a crisis via the HEROES Act that the relief program was based on.

That a bunch of right wing politicians in illegitimate SCOTUS seats found this unconstitutional is as unsurprising as the revelation that the very billionaires who benefit from workers in worse financial situations (less leverage=lower wages), were flying Clarence and Ginny Thomas, and Alito around in their private jets.

Young people put Biden in office and it's primarily young people that just got fucked. I hope they remember this in November, one year and one month after their payments start coming due lol... and promptly pack the fuck out of the supreme court

Are you insane? There's no way the Bush congress intended anything of the kind.

[Ooloo]

"illegitimate scotus seats" lol.

The supreme court is only supposed to issue decisions that I personally approve of, this is madness

[Nibblewitz]

Let's be real. Even Nancy Pelosi knew this was unconstitutional. Forgiving a loan is a payment to the lender, and the executive branch does not have power of the purse.

[Botten]

Originally Posted by Ooloo [You must be logged in to view images. Log in or Register.]

"illegitimate scotus seats" lol.

The supreme court is only supposed to issue decisions that I personally approve of, this is madness

Oh the Supreme court conservative Judges are bought and paid for.

And the Dark Money keeps flowing in many of those case brought to the them.

Amy Barrett
A conservative dark money group led by former President Donald Trump’s judicial adviser Leonard Leo bankrolled Amy Coney Barrett’s Supreme Court confirmation campaign with nearly $22 million in anonymous cash, while another nonprofit that Leo helps steer saw a fundraising bonanza and showered cash on other organizations boosting Barrett, according to tax returns obtained by The Daily Poster.
The new tax returns shed light on how Barrett’s successful last-minute confirmation campaign was aided by a flood of dark money. They also reveal the rapid growth of Leo’s already highly successful dark money network and its tentacles in the broader conservative movement.

Neil Gorsuch
The US supreme court justice Neil Gorsuch made as much as $500,000 from a 2017 real estate sale, according to a new report, but did not disclose the identity of the buyer: the chief executive of a law firm with extensive business before the high court.

Clarence Thomas
Supreme Court Justice Clarence Thomas has been accused of concealing decades worth of lavish trips paid for by a major GOP donor in a new ProPublica report. Citing flight records, internal documents, and dozens of interviews, ProPublica says the conservative judge’s many trips with real estate magnate Harlan Crow “appeared nowhere on Thomas’ financial disclosures.” One 2019 trip alone would have cost more than $500,000

Chief Justice John Roberts
During that eight-year stretch, according to internal records from her employer, Jane Roberts generated a whopping $10.3 million in commissions, paid out by corporations and law firms for placing high-dollar lawyers with them.
That eye-popping figure comes from records in a whistleblower complaint filed by a disgruntled former colleague of Roberts, who says that as the spouse of the most powerful judge in the United States, the income she earns from law firms who practice before the Court should be subject to public scrutiny.

Brett Kavanaugh
Brett Kavanaugh other than his free Italy FBI came out and admitted they lacked authority to conduct further investigation into Kavanaugh sexual misconduct during his arrangement.

Samuel Alito
The US supreme court justice Samuel Alito accepted a seat on a private plane owned by the conservative billionaire Paul Singer, flying to Alaska for a luxury fishing trip hosted by another rightwing businessman, then did NOT declare such gifts or recuse himself when Singer had business before the court.

[Botten]

Originally Posted by Nibblewitz [You must be logged in to view images. Log in or Register.]

Let's be real. Even Nancy Pelosi knew this was unconstitutional. Forgiving a loan is a payment to the lender, and the executive branch does not have power of the purse.

O'rly

Dark Brandon still getting it done.

The lack luster candidate for the Republican party really isn't going to turn out the votes as he gets further indicted and looks weak in his loses. You really can't blame the GOP voters for their non-interest in voting in 2024.

Biden administration is just kicking it off. He is getting round the decision made by the conservatives in the supreme court.

And his inflation act is working!
Inflation Reduction Act Continues to Lower Out-of-Pocket Prescription Drug Costs for Drugs with Price Increases Above Inflation

[Elizondo]

[Ooloo]

Originally Posted by Botten [You must be logged in to view images. Log in or Register.]

Oh the Supreme court conservative Judges are bought and paid for.

And the Dark Money keeps flowing in many of those case brought to the them.

Amy Barrett
A conservative dark money group led by former President Donald Trump’s judicial adviser Leonard Leo bankrolled Amy Coney Barrett’s Supreme Court confirmation campaign with nearly $22 million in anonymous cash, while another nonprofit that Leo helps steer saw a fundraising bonanza and showered cash on other organizations boosting Barrett, according to tax returns obtained by The Daily Poster.
The new tax returns shed light on how Barrett’s successful last-minute confirmation campaign was aided by a flood of dark money. They also reveal the rapid growth of Leo’s already highly successful dark money network and its tentacles in the broader conservative movement.

Neil Gorsuch
The US supreme court justice Neil Gorsuch made as much as $500,000 from a 2017 real estate sale, according to a new report, but did not disclose the identity of the buyer: the chief executive of a law firm with extensive business before the high court.

Clarence Thomas
Supreme Court Justice Clarence Thomas has been accused of concealing decades worth of lavish trips paid for by a major GOP donor in a new ProPublica report. Citing flight records, internal documents, and dozens of interviews, ProPublica says the conservative judge’s many trips with real estate magnate Harlan Crow “appeared nowhere on Thomas’ financial disclosures.” One 2019 trip alone would have cost more than $500,000

Chief Justice John Roberts
During that eight-year stretch, according to internal records from her employer, Jane Roberts generated a whopping $10.3 million in commissions, paid out by corporations and law firms for placing high-dollar lawyers with them.
That eye-popping figure comes from records in a whistleblower complaint filed by a disgruntled former colleague of Roberts, who says that as the spouse of the most powerful judge in the United States, the income she earns from law firms who practice before the Court should be subject to public scrutiny.

Brett Kavanaugh
Brett Kavanaugh other than his free Italy FBI came out and admitted they lacked authority to conduct further investigation into Kavanaugh sexual misconduct during his arrangement.

Samuel Alito
The US supreme court justice Samuel Alito accepted a seat on a private plane owned by the conservative billionaire Paul Singer, flying to Alaska for a luxury fishing trip hosted by another rightwing businessman, then did NOT declare such gifts or recuse himself when Singer had business before the court.

Okay that's great. I suppose only the conservative justices go on vacations, and the lib ones are just the bestest boyscouts ever?

Also, who cares? Their decisions are perfectly sound and actually uphold the constitution, rather than interpreting it using such tortured logic that it might as well not exist. Libs keep moaning about how these decisions "override precedent" as if that matters at all. Precedents get overridden. That's the point of the supreme court.

I do think lifetime appointments are kind of silly because it's totally arbitrary, but it seems to be functioning properly at the moment as a check on the other branches of government. Also known as the entire point of this country. If you just want lib policy to win every time and live in a one-party commutopia, there are lots of failed states you could move to!

[Sadre Spinegnawer]

Originally Posted by aussenseiter [You must be logged in to view images. Log in or Register.]

The counter has to be that a 2003 Republican majority intended for and approved student loan forgiveness at the stroke of executive pen.

That dog won't hunt and didn't.

Hey, I am fully versed on the BS the past 20 years of college grads were being sold. No friend am I of the "fuck your feelings" crowd. College was a always a "contract: do X, get Y, where Y did not = "woah that's a nasty debt!"

But these loans have all been monetized and the given the entire "The Big Short" treatment. This is 2008 2.0. 2008 was housing debt, this is college debt.

1. subsidizing olde tech is for the Amish
2. College as we know it is old tech
3. This debt is all woven into the global financial system
4. Just like the mortgage market was
5. These are dead loans, people will just stop paying them
6. talking about forgiving them only put a spotlight on this problem
7. you can't "forgive" them in anything aproaching a fair way.
8. this is a 2 trillion dollar active market

We can't just subsidize "hey free 4 year stays at cool places for everyone!"

Technologically we can easily deliver *quality* Bachelor's level courses of study for pennies on the dollar using 1) new tech, and, 2) MANY unhappy employees of the decaying rotten college system, who just want a damn sane job.

This is what it felt like to the manuscruptorium business after the invention of the printing press, essentially. Bye! Maybe the rich want hand-lettered books, but print is mint!

TL;DR adjust concept. Education no longer equals "the school" It equals the knowledge and it's effective sharing with each generation of students.

This no longer requires The Dead Poet Society nor Roll Tide Roll.

timestamp. Inside the industry, we have known this was coming since the 90's.