were unemployed at the height of the pandemic, workers in other industries—like streaming services or video conferencing businesses such as Zoom—thrived. Since borrowers were not required to provide evidence of a financial burden when applying for student loan forgiveness, the Administration’s argument is faulty, Shugerman says.
Experts tell TIME it’s increasingly likely the Supreme Court will strike down Biden’s loan forgiveness plan in the following weeks. Implementing a student loan forgiveness plan under that statute, while a better fit, would take longer. But experts say Biden could still pass some sort of relief for borrowers by the end of his term if the Administration acts promptly.Experts tell TIME that the student loan payment pause could also run out as a result of Biden ending the COVID-19 emergency.
“I don’t think it would be out of the question that if the case came down after May, the payment cost pause could extend a little bit longer,” Luke Herrine, Assistant Professor of Law at the University of Alabama tells TIME. “But the Biden Administration would have eliminated its justification for continuing to extend it much beyond what it takes to resolve the legal dispute.”In the meantime, the administration is already considering structural changes to student loan plans.
False equivalency.
Two birds with one stone!
'It should not.....'-
Okay so how many people actually depend of of it?
Good 👍
too soon POTUS much too soon.
Student loan bailout was doomed the moment it sputtered out of Bidens mouth. He has no constitutional authority to make taxpayers pay others debts.
8 out of 10 inner city black kids can't read or do math to grade level. But Dems believe 100s of billions being given to college graduates is where to invest.... The epitome of systematic racism, when the people in need become completely invisible.
Bad idea anyway. It’s once again, Biden taking care of the wealthy.
Not before the Supreme Court does.
Forgive my mortgage too!
Alarming news from Ethiopia as dictator Abiy tries to dismantle the foundation of Ethiopian faith, knowledge, heritage and history - the Ethiopian Orthodox Church. The world's Christians must unite and resist this attack SaveEthiopianOrthodoxChurch Unity Resistance
Biden never planned to forgive student loans; he knew he didn’t have the legal right. He announced his student loan forgiveness plan knowing it would be challenged by Republicans, and now he blame them for it not getting passed.
about time “highly educated” borrowers started paying back what they owe for their coveted degrees. their choice - their debt.
A hoax ruined a con.
Under that act, but as you pointed out..... doing it the other way would probably succeed. However, to get it over the finish line only requires that Education approve a 'negotiated amount'. That amount should not be zero to make it a lock.
Stocks about to take a nose dive.. if this is true….. First time in the history books.
No one wants to pay for you to learn critical race theory anymore. You'll have to pay for that yourself.
It was all about the money
How about never ending it
The Biden administration’s student loan forgiveness program is grossly unfair and astonishingly inefficient. The program serves only to feed the beast that is higher education in this country — a beast that has become bloated and ineffectual at the trough of government largess.
Enough money to Ukraine POTUS and more for US students, and don't forget them that teach for peanuts. college students professors teachers loanforgiveness TIME FOR OTHER COUNTRIES TO STEP IN.
It was always a scam. Just a way to get votes for the democrats. Biden knew it would never stand.
This is how bad Time is! They actually believed Biden when he promoted student debt forgiveness. 😂 No wonder nobody reads them anymore.
Do you really insult and degrade black women pioneers of rap who have held it down for years and have paved the way for todays rappers? Why do u encourage non black / black wannabes like cadylang to insult and tear down Nicki Minaj Is that what you promote to us black women
Fraud from start to finish...
A renowned magazine publishing bias connotation against black artists and perpetuating racism on Black History Month? cadylang I hope you get what's coming for you.
Lmaoooooooooooooooooooo
Fire cadylang
Always thought medical debt should be cleared if we are talking about soical hand outs. They didn't choose to get sick and certainly didn't get a college degree while in the hospital. There are people worse off in this country than a bunch of kids armed with a college degree
Time....lost all its glory
God willing, we will see the collapse of the United States of Evil Corporate Society, I hope there will be sunny days.
Forget that ask him on which country usa is going to launch attack n supply billion dollar worth arms .arms left in Afghanistan is now with Pak terr*ris*ts
Get over it! Shit ain’t free!!!
That was only to boost votes for the midterms. Student loan forgiveness was DOA.
students were doomed by being forced to vax to attend school. heres what happens to their innate immune system going forward
So pretend there's an emergency so people can get their gender studies loan forgiven?
Well, just as long as the money hoarding psychopathic degenerate gambling banksters and healthcare denial industry is happy.
TritaParsi and anyone affiliated with NIAC does NOT represent the people of Iran. He's one of the IR regime’s lobbyists and with writing the article about 'How blacklisting IRGCterrorists could undermine the protests' in Iran on the MSNBC's website wants to help the regime.
It was always a lie. This couldn't work and they were never going to try.
Yeah, the elections are over, so who cares now? I hope ya'll no-responsibility folks get that you were scammed by colleges, the SLA, our government, Freddie and Fannie, all the loan servicing agencies, only to be scammed again by your President for votes.
Well, it was illegal when he promised it, so 🤷♂️
LarsLarsonShow What a shame that would be. NOT!
All I know is I’ll remember their last promises when they start trying to make their new ones soon
Was doomed the day it was announced. Unconstitutional, horrible idea. Was clearly an election yr scam to get the stupid student vote. Also, covid emergency still?
Yes, it's about time.
It’s funny you thought it would happen to begin with. It was never anything more than a lie to get votes.
They did it in a way that it wouldn’t happen. Y’all are so gullible
Nah it was doomed from the start. Just democrat nonsense to get votes in the mid term.
It’s already doomed
derekahunter
Got what he needed off that on.
😂
Hilarious part about the plan in the first place is $10K is hardly “forgiveness” when most people owe 5x that and more.
FCC This news article is Pfizer sponsored.