Biden's student loan forgiveness plan goes before the Supreme Court Tuesday. Here's what borrowers need to know | CNN Politics

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Millions of student loan borrowers could see up to $20,000 of their debt canceled depending on the outcome of Tuesday’s US Supreme Court hearing on President Joe Biden’s student loan forgiveness program.

How and when the justices rule will also determine when payments on federal student loans will resume after a pandemic-related pause that has been in place for nearly three years. The Biden administration has said that payments will resume 60 days after litigation over the forgiveness program is resolved or at the end of August, whichever comes first.

What happens if the program is struck down? If the Supreme Court strikes down Biden’s student loan forgiveness program, it could be possible for the administration to make some modifications to the policy and try again – though that process could take months. “The ball goes back to the Biden administration,” said Luke Herrine, an assistant law professor at the University of Alabama who previously worked on a legal strategy for student debt cancellation.

 

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Canceled? BS! Transfered to the real tax payers of this country. This is pure communism.

Or they can just pay back the money they took

Can't pay your car, they take it. Can't pay your mortgage, they take it. Can't pay your taxes they take your car, your house, your freedom. Can't (won't) pay your school loans, we got you Boo! Just vote Blue!

My mortgage now identifies as a student loan.

Where's my rebate? Why did I make sacrifices to pay my student loans off? All you that signed the loan doc knew what you were signing. Not paying is immoral. Your neighbor doesn't owe you!

Now do my mortgage

That not fair

Prediction:

NFW

Then we all better get $20,000 also!!!

How about the millions who PAID OFF their loans? Do they get a rebate for doing the right thing?

Political theater. He knew he was overstepping his position’s power when he promised it, and he’s going to blame “the right” when it’s found unconstitutional. Anyone with a brain has seen this movie before.

Stop calling it 'forgiveness.' Nothing is forgiven, the debt is just transferred from the people who borrowed the money, to the rest of us.

You took out the loan, YOU pay for it. Not me. Kma

Then I want a refund! Dag politicians buying votes !!

💰

Will I get all of the payments back that I responsibly made since the pandemic payment pause started?

It's not loan forgiveness. That would be legislating that the institutions don't get paid. They're looking to implement a 'LOAN TRANSFER' program. Transferring to the taxpayer as public debt. Take it out of Harvard and every other large university's endowment.

Anyone see how much of scam a college education is? Excessive irrelevant courses drawn out over extensive time frame to circulate tax dollars into big guys pockets.

no they won’t

Exactly zero student loan borrows will see any of their debt canceled. Anyone who thinks otherwise is crazy.

More needs to be done to fix the SL program. Hold colleges accountable! SL's are the same as payday loans. People are having to work low paying public service jobs just hoping that after 10-20 years their loans will be forgiven. That's not freedom, that's indentured servitude.

Can I get the money back I paid into the MGIBILL then

Give me free money because i was a victim of me agreeing to pay back a loan that i signed.

Nope.

And yet, the other American taxpayers will cover Biden's charity, NO THANKS!

Ppl that earn 120 000.00 a year can pay their loans.

I don’t qualify for loan forgiveness but I’m happy for them if the outcome comes out positive and their loan gets cancelled.

Yeah won’t happen. We are already bankrupt

Those voters he is trying to buy will still not vote and the resentful ones will either vote against him or stop voting.

Why are Democrats trying to give more privileges to the privileged class? It's bigoted and goes against equity/equality

Everyone can reduce college debt by providing a service to their Country. It’s what I did using GI Bill/College Fund and I also saw 10 Countries before I turned 21 while I was in the Army in the process. Bunch of entitled victims anymore.

“Canceled” is a fun word to use.

Not one penny should be forgiven. If people can’t pay back these loans, then do away with the loan program. The taxpayer shouldn’t be on the hook for other people’s poor choices.

Do you concern you pensions? Do you know the CCP spy weijianshan stolen it? PAG paulhastings

No. Hell no. I'm not going to have my taxes and the taxes of my neighbors increase in order to appease the emotions of irresponsible people. Its your loan, fucking pay it yourself.

27.2.-23. To post trauma stress. Kristus Riiko Samuli Muje Immanuel Takalantie Lautiosaari Merilappi Suomi

Is one free college class per semester too much to lean on for government support because those who trust clouds are floating icebergs ?

Student loan forgiveness was always illegal. Only the legislature can appropriate funds. Zoomers got scammed

The worst people in society get rewarded, while the forgotten poor and middle-class like those in East Palestine are ignored and spat upon.

Hurry up. Cha.

Yay time for more fucking inflation. I guess ill just lay down and die already

We need to have a national 'I ain't paying Federal income tax for deadbeat useful idiots' Day

Oh you mean where Biden is trying to steal honest hard-working taxpayers money to pay off debts for college students and the colleges get to keep the money? If the colleges cost too much and are failing to teach students how to provide for themselves they should return the money

CNN setting the ground work to blame the supreme court for something that was never going to happen.

Why should people who haven’t attended college pay my debt?

Lmao that’s not even half my student debt

democrats trying to win votes by pandering to entitled kids who want other people to pay for their debts

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