7 more states sue over Biden student loan plan
Source: The Hill
04/09/24 11:29 AM ET
Seven states announced Tuesday they were suing the Education Department over President Bidens SAVE income-driven repayment student loan plan, adding to a previous lawsuit by numerous other states. The lawsuit is spearheaded by Missouri, along with six other states, which argue the SAVE plan is unconstitutional and cost taxpayers $475 billion.
With the stroke of his pen, Joe Biden is attempting to saddle working Missourians with a half trillion dollars in college debt, Missouri Attorney General Andrew Bailey (R) said. The United States Constitution makes clear that the President lacks the authority to unilaterally cancel student loan debt for millions of Americans without express permission from Congress.
The President does not get to thwart the Constitution when it suits his political agenda. Im filing suit to halt his brazen attempt to curry favor with some citizens by forcing others to shoulder their debts, Bailey continued. The Constitution will continue to mean something as long as Im Attorney General.
The lawsuit includes Missouri, Arkansas, Florida, Georgia, North Dakota, Ohio and Oklahoma. The states argue the SAVE plan is equivalent to the student debt relief plan the Supreme Court struck down last summer.
Read more: https://thehill.com/homenews/state-watch/4582814-7-more-states-sue-over-biden-student-loan-plan/
bullimiami
(13,101 posts)BumRushDaShow
(129,317 posts)They have gotten so litigious that some serious sanctions need to be imposed on some of the loon AGs. The GOP doesn't know how to govern but they are experts at gumming up the works and wasting taxpayer money to do so.
AZSkiffyGeek
(11,058 posts)Less people would go into public service leading to a job shortage in the state.
24601
(3,962 posts)Grad School loans are serviced through them.
Student borrowers were essentially a pass-through to schools that continually raised tuition, room, board, and other fees without adding significant value over the last three decades. I have yet to see any effort to hold schools responsible for even one-half of the money spent on their institutions. A compromise solution will have broader support when schools assume responsibility for their increases - even if it's just the funds they spent on other than direct instruction.
jimfields33
(15,912 posts)I think its time for tuition control like they do with rents. The free ride the universities get should be over. 65 thousand a year is insane. Using some of that endowment money should be required too.
bullimiami
(13,101 posts)24601
(3,962 posts)reducing the compensation going to loan servicers. The second is the lost time value of money because of delayed reimbursement. The USSC decided in 2023 that Missouri had standing because they would be deprived of loan servicer fees agreed to by the federal government.
GB_RN
(2,371 posts)That stacked the deck so the fuckers could get the ruling they wanted, the wording of the actual COVID relief act be damned.
bucolic_frolic
(43,250 posts)Farmer-Rick
(10,197 posts)The Supreme Court is more interested in religious dogma being forced onto an unwilling population.
They are more interested in supporting the filthy-rich oligarchs and their little monster the Stinking Nazi.
They are more interested in abusing minorities and the poor.
They are more interested in getting bribes from the filthy-rich and then ruling in favor of those filthy-rich then they are interested in the law.
Capitalism buying up our judiciary and justice system. It was bond to happen. Karl Marx predicted it.
kwijybo
(235 posts)Remember the non-existent lawsuit about the wedding cake for a homosexual couple, that resulted in a SCOTUS ruling? The one where the baker finally admitted, "well, he could have sued me". And when the 'he' in question was asked, his answer was along the lines of "who? I would NEVER buy a wedding cake from her! And I don't need one, I've been married for 15 years. What are you talking about?"
There were others of a similar fashion, I just recall the details.
GB_RN
(2,371 posts)For the Department of Education. I know because they have my federal loans. 😉
Its a quasi-governmental agency based in St. Louis. And they have been cited time and time again for screwing borrowers.
MOHELA would have actual standing, not the state itself, which was a convenient fact that the SCOTUS ignored and they jury rigged state standing. In fact, MOHELA wasnt even a party to the suit to kill student loan forgiveness last year, and didnt want any part of it.
So, these red state fuckers are just screwing students, again. Because, reasons.
Full disclosure, my loans are in the SAVE plan as well as PSLF, as Im a nurse.
These jackoffs can go fuck themselves. Its not Harvard MDs and lawyers getting relief. Its people like me, and really, people not like me. People who are even lower on the socioeconomic ladder get a real hand up. But of course, thats what this is all about. Cant be helping anyone out. Gotta pull your own self up by your own fucking bootstraps, eh?
KPN
(15,647 posts)pull your own self up by your own fucking bootstraps, eh? They are fine with holding, if not outright pushing, people down so those who deserve it can have more.
TomSlick
(11,107 posts)What is the harm to Missouri?
oldsoftie
(12,583 posts)bahboo
(16,351 posts)they are....
Voltaire2
(13,109 posts)Lines right up with the enormous harm of some of their citizens getting affordable access to our ridiculously expensive healthcare system
I'm tired of their nonsense. They need to go away.
dchill
(38,516 posts)... billionaire lenders in their states! Screw the people.
AllaN01Bear
(18,327 posts)Autumn
(45,120 posts)Fuck these bastards.
PortTack
(32,787 posts)SalamanderSleeps
(587 posts)Autumn always pretty much knows where the bodies are buried.
airplaneman
(1,240 posts)Bengus81
(6,932 posts)4lbs
(6,858 posts)They want to keep "their people" ignant and lern onlee watt they sez.
viva la
(3,315 posts)getting a reduction of debt so that they can spend more $ in the state???/
Oh, right, the same states that turned down the Medicaid expansion that would have improved the health of their citizens-- for free!
twodogsbarking
(9,784 posts)FakeNoose
(32,706 posts)I'm sure a lot of those parents would LOVE to get the help that Biden wants to give them. Why are these states so blind? What will they do next, kick people off the ACA? Grab people's social security checks out of the mail?
Sheesh!
maxsolomon
(33,360 posts)Don't be surprised if it happens again.
When that happens, will he get any credit for trying? Or just blame, because he doesn't have a magic wand? Does any blame ever adhere to Republics?
BumRushDaShow
(129,317 posts)This new "SAVE" that was done after the SCOTUS decision is being implemented per this -
By Danielle Douglas-Gabriel
March 28, 2024 at 9:27 p.m. EDT
(snip)
Still, while the new lawsuit from the states revives arguments used in previous fights against debt relief, the Save plan is underpinned by a different authority than the forgiveness plan rejected by the high court. Whereas the Biden administrations failed plan used a 9/11-era law to justify providing $430 billion in debt relief during the pandemic, the new Save plan was created using authority from the Higher Education Act that spawned income-driven repayment plans in 1993.
(snip)
https://www.washingtonpost.com/education/2024/03/28/student-loan-lawsuit-save-repayment-plan/
(supposedly no paywall link)
maxsolomon
(33,360 posts)I just know I don't trust the courts after Trump.
BumRushDaShow
(129,317 posts)"is the same as" what was struck down before.
It's not the same.
raging moderate
(4,307 posts)If Trump should have this kind of power, then Biden should have it, too! And this action is very small compared with what Trump would do! They are not too adept at logical thinking!
Polybius
(15,465 posts)The Supreme Court won't strike it down until next year.
PlutosHeart
(1,283 posts)somehow and the students kick them out. They need an uprising voter revolt.
imaginary girl
(862 posts)Response to imaginary girl (Reply #27)
KPN This message was self-deleted by its author.
azureblue
(2,149 posts)what they are whining about is private lenders who charge interest rates that would me a loan shark blush, losing that easy money. Remember that the GOP made student loan exempt from bankruptcy.
So, repay the principle plus 2%. Not 24%.
Galraedia
(5,026 posts)Bucky
(54,041 posts)Old Crank
(3,610 posts)They all agree the president has total immunity.....
Passages
(125 posts)Tax relief for corporations is more their speed.
Farmer-Rick
(10,197 posts)Either all students who attended colleges in those states or students with college debt who live in those states can't participate in the federal plan.
Then watch as young people leave those states and as colleges in those states lose students.
Johnny2X2X
(19,095 posts)I consider it a signed contract, I literally signed my repayment plan. Going back on it would be a breach of that contract.
This will go the the SCOTUS, they'll rule against helping students, we know that for sure. But I think that the people who are already in the program won't be kicked out of it. Also, if you or someone you know owes student loans, sign up for the SAVE program right now!
NanaCat
(1,205 posts)On government loans as all of those corporations and rich people who got their COVID loans forgiven.
No more.
No less.
elena92
(9 posts)How do they get away with it?