Earlier this month, Sottosanto finished paying off his private student loans, which once totaled roughly $30,000 a step he said he could only afford to take because of the pandemic-era freeze on payments, collections and interest on the other portion of his student debt, the $16,900 he owes the federal government.
But if the Supreme Court knocks down the debt cancellation program, Sottosanto said he’ll have to continue to delay his plans to secure the stability he thought would come with a college degree. Though the court likely won’t issue its decision until June, borrowers and court watchers may get a sense of how the justices are thinking about the two major legal questions at issue in the suits when the attorneys present their oral arguments to the nine Supreme Court justices on Tuesday.
Their suit is backed by the Job Creators Network, an organization launched by Bernard Marcus, the co-founder of Home Depot and a supporter of former President Donald Trump. Bray and William Baude, a professor at the University of Chicago Law School, wrote in a friend of the court brief that Missouri and the other states don’t meet that standard. For example, the states have argued that the debt-relief plan could cost MOHELA revenue it receives through servicing federal student loans and that could put the organization at risk of not paying on a debt it owes to Missouri. But, as Bray and Baude’s brief notes, MOHELA hasn’t paid on that debt in years.
It’s possible that some of the justices may want to “get creative” in how they decide whether the states have standing, said Christopher Walker, a professor at the University of Michigan School of Law. Roberts is particularly sensitive to situations where it appears the government is playing games with procedural rules, he said. He cited Roberts’ criticism in two cases of Trump administration officials searching for legal justification to take actions that were more about policy or politics.
“One of the reasons we’ve had such a sense of stalemate for executive action over the last six years is this ability of state attorneys general of the opposite party to stop any major initiative by the president whether it’s a Republican or a Democrat,” Bray said. If, however, the justices do find the plaintiffs have the right to sue then they can consider the merits of the case or whether the law gives the Biden administration the power to cancel student debt.
No !!!!!!!!!!!!!!!!!
there is no way the sc will agree with the biden adm on this its clearly unconstitutional.but i guess it doesnt hurt to try
What happened to the Days of Jubilees. Renewed Sovereignty in Financial Freedom of Self and Family.
The total debt should NOT be cancelled! Interest could be eliminated all together. This is an insult to those all those who paid their debt. To me, this is pure pandering by the DemoRATS!
What ever happened to I signed it I’ll pay it. Like walking into a restaurant ordering and then looking for someone else to pay. Meanwhile the US Debt continues to grow faster than a speeding bullet.
Being responsible makes your life meaningful, not accepting unfairly handouts
This is nonsense, and discrimination for system
Let's give everyone who paid their loans are never got a loan the same amount to make their life's better also. If not you're discrimination against the people who actually did what they where supposed to do.
Is it canceling all student debt? Let's go ahead and cancel the debt that is created from default. It's unconscionable that our government will double down on the debt if you go into default. Why is no one talking about that?
No! Not fair! How about cancel my mortgage?
Where would the money to pay for the loans come from: ⬆️ taxes
It won’t though. It would be slapping a bandage on the issue. If the same folks that got themselves into this mess don’t learn from their mistakes, then they will be right back in a similar situation. Tax payer money would have been wasted.
Time as “history” always tells the truth as a more trustworthy source, don’t believe the lies of the few corrupt politicians with their political warfare and psychological warfare propaganda lies trying to sell their comfortable lies instead of telling you uncomfortable truths.
Lol 😂🤣🤦don’t worry canceling debt doesn’t mean those students are that stupid to waste money on buying homes in a 4 year high inflation at 7% APR especially when they know just like the FED reserve knows the market is about to crash. History says you can’t stop the inevitable.
Gotta wonder if the author of this ...article...has any student debt.
But that's an extraction from others. I have and still am accumulating student loans, but it's unprincipled of me to demand others to pay for my bill.
I do not believe they should cancel the debt however I think they should cancel a good portion of the interest or at the very least stop interest from accruing wherever it is at this particular point
Robbing the productive to pay the unproductive
🖕🐘🖕🐘
Meaningful influence on the inflation rate too
Lol. It’s illegal
No handouts for your bad choices in education !!!!!!!!!
Anyone supporting this has a worthless degree and had no business going to college in the first place. Pathetic losers
The administrative state wants the Supreme Court to rule that the Administration can create its own laws, can ignore Congress, and nobody has standing to challenge it.
Executive overreach. President doesn’t have power of the purse
Education Education Latest News, Education Education Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: dallasnews - 🏆 18. / 71 Read more »
Source: NBCDFW - 🏆 288. / 63 Read more »
Source: nbcbayarea - 🏆 596. / 51 Read more »
Source: FoxNews - 🏆 9. / 87 Read more »