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David Dayen@ddayen.bsky.social |
If you actually read the two cases putting preliminary injunctions on pieces of Biden's income-driven repayment program, as I did, you find they are contradictory, inconsistent with 30 years of IDR in practice, and totally unworkable:
12 replies 88 reposts 217 likes
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@ramsandhoosiers.bsky.social
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If you got your terminal law degree in 1979 or 1981 as those two justices did, you shouldn’t get to weigh in on loan forgiveness now; they went to school in BBC a completely different financial climate.
0 replies 0 reposts 2 likes
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Medusa’s Wink😉
@medusaswink.bsky.social
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This is my shocked face 😐
1 replies 0 reposts 3 likes
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C.V. Danes
@cvdanes.bsky.social
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It's almost as if they are operating in bad faith.
0 replies 0 reposts 13 likes
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zenosAnalytic
@zenosanalytic.bsky.social
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the proper response here by the Biden admin is to put out a statement highlighting these issues and inconsistency, end it with a declaration that they are NOT bound by such literally unprecedented and illegal rulings, and ARE bound "to take care that the laws be faithfully executed".
1 replies 0 reposts 14 likes
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Sam Bam Thank You Maam
@smarka.bsky.social
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These decisions are so much worse than the headlines make it seem (judges strike down Biden loan program). Good article
0 replies 0 reposts 3 likes
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DodgerFanLA
@dodgerfanla.bsky.social
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Do you know if, I’m accepted under the plans but deferred to 2025 payments (didn’t have a job earlier this year) I’ll still get the Lower payment?
1 replies 0 reposts 0 likes
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Zenodotus
@zenodotus.bsky.social
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This pisses me off so goddamn much. Me and my wife (thankfully!) have our publicly-held student debt forgiven under the defucked PSLF/IDR program/waiver, and I truly believe this new IDR plan will help way more people than the one-time forgiveness that got tossed out
1 replies 0 reposts 7 likes
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Shawn Weaver
@shawnweaver.bsky.social
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Conservatism in a nutshell.
0 replies 0 reposts 2 likes
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Helen
@helenofwhat.bsky.social
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This is the first I am even hearing of these rulings, and I am now completely confused on how to manage my finances. My debt hasnt been forgiven, but I have no idea what my bill will be next month or next year. Loan payment is my biggest bill after rent. Absolutely absurd.
0 replies 0 reposts 2 likes
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Warhammerchick
@celticdragon1.bsky.social
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It's like having several hundred Presidents simultaneously
0 replies 0 reposts 4 likes
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@bob511.bsky.social
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Hmm, weird.
0 replies 0 reposts 0 likes
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Beadle, Society for the New Art
@saraht74.bsky.social
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The standing argument is so, so bad.
1 replies 0 reposts 1 likes