LISTEN: Supreme Court hears student loan debt case

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  • Опубликовано: 27 фев 2023
  • The Supreme Court hears oral arguments on Feb. 28 on President Biden's student loan forgiveness program. Read more: wapo.st/3meViCb. Subscribe to The Washington Post on RUclips: wapo.st/2QOdcqK
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Комментарии • 285

  • @jerryyay
    @jerryyay Год назад +61

    Audio begins at 28:25

  • @maq989
    @maq989 Год назад +22

    As someone that’s just finishing up law school, I have to give so much credit to the Solicitor General. Many do not understand how extremely difficult it is to stand for an oral argument of that length and articulate your points concisely, field unanticipated questions, keep the facts of every applicable precedent in mind, etc. Preparation is much of it but for some it’s a gift, and she certainly falls in that category.

    • @pengbertuuu
      @pengbertuuu 11 месяцев назад

      Most of her answers doesn’t make much logical sense to me.

    • @dragonflarefrog1424
      @dragonflarefrog1424 7 месяцев назад

      @@pengbertuuuthey seem pretty logical to me

  • @roberttulba6990
    @roberttulba6990 Год назад +12

    The Solicitor General did a fantastic job in defense of the Administration.

  • @klumaverik
    @klumaverik Год назад +9

    Who was this speaking to the supreme court? Elizabeth Prelogar? She was amazing! ❤❤🎉🎉

  • @MrArminnimra
    @MrArminnimra Год назад +3

    Her closing arguments were beautifully put together. Addressed every opposition's argument! And took millions of people like myself in account. Thank you for your fight for us 🙏🙏🙏

  • @JohnSchairer
    @JohnSchairer Год назад +2

    This audio is such a low level, have to max volume

  • @hernandayolearyallda
    @hernandayolearyallda Год назад +10

    If former students can't get debt relief, why can businesses get them? By this logic, the entire SBA is unconstitutional and virtually every business program ranging from FHA, to farmer loans, and the associated debt forgiveness is unlawful, even all these PPP type programs and debt forgiveness to large firms, all unconstitutional.

    • @robertmitchell9687
      @robertmitchell9687 Год назад +2

      Exactly the argument that I would have raised in response to the question regarding fairness between a “Lawn Company Owner” and “Student Loan Borrower”.

    • @hernandayolearyallda
      @hernandayolearyallda Год назад +1

      @@robertmitchell9687 Precisely, I would point out, it was just as fair as when the former students tax dollars paid off PPP loans and corporate welfare.

  • @thedeal9526
    @thedeal9526 Год назад +18

    The States' case should be totally tossed due to lack of standing. If you noticed not even Thomas or any of the more conservatist justices could help the States' arguments.

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    @user-cario Год назад +23

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  • @klumaverik
    @klumaverik Год назад +4

    Woohoo! The Honorable Judge Sonia Sotomayor lit him up! ❤❤❤😊

  • @jesusaguilar9395
    @jesusaguilar9395 Год назад +9

    Ppp loans weren’t fair.

    • @nalanl
      @nalanl Год назад

      This!

    • @totmichael57
      @totmichael57 Год назад

      Paying off student loans won’t be fair either. People who don’t own a business, paid off their student loans, or never went to college are really getting the short end of the stick. And those people are more than half of our population

    • @bellad1063
      @bellad1063 Год назад +1

      I still can’t believe it. A gamble with a business v increasing national literacy/education..

  • @natehighlander5227
    @natehighlander5227 11 месяцев назад +1

    Should all affirmative actions be cancelled? They help one group of people and harm another

  • @nalanl
    @nalanl Год назад +8

    The solicitor general is just mopping the floor with these fools... I almost feel bad for them.

  • @marlon8597
    @marlon8597 Год назад +9

    Why would the States want people to be in debt? Isn't that counterproductive? And the pandemic contributed to alot of the borrowing. Cancel student loan debt! It will only benefit our economy.

    • @jhfowler2326
      @jhfowler2326 Год назад

      EXCELLENT !!!!! YOU KNOW WHAT WOULD HAVE AN EVEN GREATER IMPACT - CANCEL ALL CREDIT CARD DEBT! IT WILL ONLY BENEFIT OUR ECONOMY.
      IDIOTC MORON !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    • @marlon8597
      @marlon8597 Год назад +1

      @JH Fowler Well no Fowler, credit debt is different because it isn't directly associated with being a student who is trying to become more educated. Maybe you should go to college so it could improve logic.

    • @frednicholson
      @frednicholson Год назад

      Really? Well, then maybe we should cancel even more debt - like all the government bonds previously issued. Then we will all be rich! You are a perfect example of why not everyone should be able to vote.

    • @marlon8597
      @marlon8597 Год назад

      @@frednicholson Speak for yourself sir NicSukDik

    • @maxshea1829
      @maxshea1829 Год назад

      Debt is discipline. The fascists are obsessed with surveillance and punishment. If they were only going to forgive $1.00 of everyone's student loans, the Right would throw the same fit.

  • @88badstang
    @88badstang Год назад +8

    If only the federal government would get out of the college loan business. 🤔

  • @Gjmik
    @Gjmik Год назад +9

    The kid who started the grass business got relief from ppp loans!!

  • @The_Night_ASMR
    @The_Night_ASMR Год назад +42

    Facts there are hundreds of programs in America that I don’t qualify but yet it is still paid for out of the taxes that I also pay every year. I don’t qualify for welfare, I didn’t qualify for PPP loans, lots of million dollar company’s got PPP loans they didn’t need but also got them forgave which is mind blowing. That’s unfair to small business owners, that’s unfair to the people who want to start businesses. Their are so many programs that a lot of us won’t qualify for, that shouldn’t mean that others shouldn’t have the option. We need student debt relief, and they need to fix interest rates and college rates for future students to come.

    • @fjbsdoa1976
      @fjbsdoa1976 Год назад

      I and millions of Americans should not be on the hook for having to pay for the wokesters tuitions. Mommy and daddy need to pay for that not us. Especially to be indoctrinated with this hate America b.s.

    • @stevepenney6076
      @stevepenney6076 Год назад

      Seems more than equitable to tie the decision on reversing Biden's Student loan debt cancellation to all the PPP loans which were given to members of congress and and then repayment was waived. It's the same thing. Both were proposed a waived based on the National emergency of the Covid pandemic. If it's going to be cancelled for just the students who have tuition loans, then it has to be cancelled for all the PPP loans that were forgiven. Everybody knows that the dice were loaded!

    • @shawnshaw6663
      @shawnshaw6663 Год назад

      Yaman, The PPP loans we're to keep people on a payroll even thru the business was closed to the public per government request. If the employee's would have been laid off the government would be paying out un-employment checks . So what's the difference

    • @The_Night_ASMR
      @The_Night_ASMR Год назад +6

      @@shawnshaw6663 I understand that of PPP loans but I also understand some business did not do that. Instead they fired employees. I worked for a million dollar company who pocketed every cent money. They also put out relief for those who didn’t pay rent during the pandemic, I struggled working multiple jobs just to cover my rent, and car note, had to drop out of school. And haven’t been able to return because I’m still playing catch up. And therefore, this program shouldn’t be any different and should be passed. Period

    • @The_Night_ASMR
      @The_Night_ASMR Год назад +2

      @ Marlock king I said what I said, there are hundred of programs available to hundreds that I personally don’t qualify for. So just because you mad that student debt wouldn’t qualify for everyone, those that do qualify should be allowed to receive the help. Simple as that !!

  • @tangiblestracker7343
    @tangiblestracker7343 Год назад +18

    If the USA can find a way to spend money on Ukraine, why can't it find a way to spend money on the citizens of America? What is the point of being an American citizen? Oh golly gee, I feel so honored to live in a country with daily mass shootings, looting, rampant drug use, open borders, rising healthcare costs, rising crime, increasing environmental issues, systemic racism, inflation. I could keep going all day. Heaven forbid the US government from spending money on its own citizens. What a radical idea!!!

    • @frednicholson
      @frednicholson Год назад +2

      Its not about what "should" we do. Its about whether the president should be allowed to unilaterally give away $400B of taxpayer money without consent of congress. Don't forget, if you give the president unlimited power, you like it as long as he makes decisions you like. Its when he makes decisions you don't like that it will because a big problem.

    • @collinbradford8866
      @collinbradford8866 Год назад

      ​@@frednicholson the president isn't doing it. It's just a member of the executive branch.

    • @maxshea1829
      @maxshea1829 Год назад

      Our borders are not "open."

    • @hernandayolearyallda
      @hernandayolearyallda Год назад +4

      @@frednicholson Except, Congress already authorized the president to do this. Why did Congress pass the law in 2000s?

    • @hernandayolearyallda
      @hernandayolearyallda Год назад

      @@williamlyons3947 Why should I, I paid for all the PPP loan forgiveness, it is now payback time!
      Once the gov't said my money must pay off the debt of someone else, it set the precedent of taxpayers, paying off the loans for others.

  • @jjthejet69
    @jjthejet69 Год назад +27

    We can give billions to foreign countries ... but can't help our own people.

  • @MatthewBrackin-1985
    @MatthewBrackin-1985 Год назад

    But there is student loans under my personal info in like 2016 and it was not me in prison

  • @gunner1252
    @gunner1252 Год назад +14

    The lawyer defending was ready. She killed it. Will it be enough??

    • @yolandas.6193
      @yolandas.6193 Год назад +1

      Let's hope.

    • @yolandas.6193
      @yolandas.6193 Год назад

      What her excellent research and argument will show, if the conservative justices still strike down student loan forgiveness, is that they did so to reshape law, and act as activist judges who are politically motivated.

    • @joshua3911
      @joshua3911 10 месяцев назад

      Nope. 😎

  • @wingv313
    @wingv313 Год назад +3

    Sorry but Gen Campbell was awful. No substance & a bunch of word salad. The Heroes Act absolutely allows for this forgiveness & the pandemic did in fact, cause so much financial harm that it qualifies to be met with this type of relief. The other side(Gen Preloger) argued/presented it perfectly. 👏🏼 This will bring so much economic relief & absolutely help our country.
    ** Inside joke: Where is MO? 😂

  • @MatthewBrackin-1985
    @MatthewBrackin-1985 Год назад

    I did not graduate high school but I'm really wanting to go back and get a better education in business

  • @pengbertuuu
    @pengbertuuu 11 месяцев назад

    Congress made the law or the Hero’s Act. why don’t we just ask congress if the law include student loan forgiveness?

  • @MegaAlsf
    @MegaAlsf 11 месяцев назад

    Mahalo don't have no standing nore does the state of Missouri

    • @joshua3911
      @joshua3911 10 месяцев назад

      😏. 🎉🎉

  • @jacobpate213
    @jacobpate213 Год назад +13

    Starts at 28:25

  • @natehighlander5227
    @natehighlander5227 11 месяцев назад

    2:38 The guy who set up a lawncare business can file bankruptcy. Someone that has no future due to student loan debt can not file bankruptcy and just has a mountain of debt with no degree so might as well just live off government programs because the American dream is gone.

  • @user-zx6lf5so4w
    @user-zx6lf5so4w Год назад

    This will never be set in stone youd have to change the constitution 1st

  • @motoman22atgmail
    @motoman22atgmail Год назад

    2:02:00 crazy justice analogy. They aren’t just relieving debt of ‘those whose homes were destroyed’ …they are relieving everyone who has a home regardless of whether or not their house was destroyed. They aren’t even making you prove your home was destroyed.
    Embarrassing how tilted the ‘wise Latina’ is turning out to be. Wannabe Cesar.

  • @natehighlander5227
    @natehighlander5227 11 месяцев назад

    As a essential worker that was devastated financially in 2008 putting me in never ending student debt then again wrecked and lost due to the pandemic having my earnings cut way beyond anything I got from the government..... But hey lets ignore the suffering the government has created getting involved in student loans so we can fund a scholarship program where more people can destroy their lives risking debt they can never solve on a education with zero guarantee.

  • @CarmenPerez-kz6rw
    @CarmenPerez-kz6rw Год назад +7

    My friend is developmentally disabled. She owes $250,000 in student loans. And she’s not a doctor….

    • @fjbsdoa1976
      @fjbsdoa1976 Год назад +3

      Sorry ro hear about your friend but me and millions should not be on the hook for this indoctrination not education

    • @tatianabritton6258
      @tatianabritton6258 Год назад +15

      @@fjbsdoa1976 and we shouldn’t be on the hook for all the legitimate PPP loans forgiven and multi-billion dollar company bailouts yet here we are…

    • @beenjammin1750
      @beenjammin1750 Год назад +5

      ​@@tatianabritton6258 you have a really good point actually. Sad thing is if you let the borrowers default it's not a big deal to the govt but if the companies default then we could've seen a depression. Either way someone is gonna get screwed.

    • @tatianabritton6258
      @tatianabritton6258 Год назад +3

      @@beenjammin1750 oh absolutely

    • @The_Night_ASMR
      @The_Night_ASMR Год назад

      Just wow, I had a friend tell me that he he doesn’t even make what he thought he would be making as a doctor. He didn’t make anything as a resident, but did the work of fully licensed and clinical completed doctor. He is almost done with his residency and he is over worked and underpaid and has zero time for his personal life. 😟 He is currently shooting to be a cardiologist.

  • @qalinlecilmi947
    @qalinlecilmi947 4 месяца назад

    0:17 0:22

    • @qalinlecilmi947
      @qalinlecilmi947 4 месяца назад

      لا اخدني بمال ارسلني لأجل ذالك لا يساعدني كل البنك اسلام واضح وانا بلا علم في الكمبيوترات مالي اعلانات بينات اين الجيش ارسلني وانا في حالي ضعيف انقطاع كل الحقوق محفوظة الانسانية اين لتبعني اين لينصرني اين ليساعدني انا اخاف لاموت وانا هارب في مكان الخفي لا اخاف لنفسي ونفس أولادي اعلانات بينات لا اخدني بشيء بصياصة واضحة اعلانات بينات مرة الاخري اين الملك جوبايدن اين نستيحة ارسلني الجيش الاربا اين اين اين اين انا اسف في حالتي حالتي

  • @paulhahn5823
    @paulhahn5823 Год назад +6

    Anyone who has an issue with helping students in this country is the problem. I hope those said people don’t complain when CHINA becomes more advance, given their educational system is geared towards having their citizens obtain a higher education, which only advances the general public.

  • @clisig2153
    @clisig2153 Год назад +4

    I think they should cut the interest rate for student loans giving everyone who wants higher education the opportunity. Education is good for our country. Student debt amount should be reflected in a persons ability to pay it back. The more you make from an education the more you should pay. Like taxes. Strapping a person who makes $35,000 a year with $120,000 students loan debt is unconscionable.

    • @markgould6167
      @markgould6167 Год назад

      If you took out a 120,000 for job that pays 35k a year you were a fool. Most tech jobs are above that an even then with a little work you should be growing your salary every year to where you should be able to get a job over 50k and better.

    • @frednicholson
      @frednicholson Год назад

      It is self-evident we are over investing in education already. Don't you get it? The ROI on these student loans is negative! That's facially conclusive evidence we overinvested. Only a nit wit would propose spending more money on an endeavor realizing a negative ROI.

    • @markgould6167
      @markgould6167 Год назад

      @@jbeauty4150 people have been complaining about student loans for decades so if you are taking out 120k you and can't make better that 75k which is the average income for those with the loans you need to learn how to budget and get it paid off. The racket is the people who want the rest of us to pay for their education.

    • @markgould6167
      @markgould6167 Год назад

      @@jbeauty4150 the cost went up because the Government is backing the loans. The Government should have stayed out of it to begin with. Let the market forces dictate the cost not some pumped up price because it does not matter if the person gets a degree of value and will help them get a job that will help pay the loan back. Add to that the must have microwave attitude of our current society to where instant is not fast enough anymore we want our reward yesterday. When I went to school people were working 40 hours a week and still taking 20 hours of course work. I even had a couple 24 hours we gave up sleep. Class moto we will sleep when we graduate. That was 30 years ago and I still haven't got my sleep.

    • @markgould6167
      @markgould6167 Год назад

      @@jbeauty4150 stop it with the victimhood I was a young teen once I was perfectly able to figure out that a degree in underwater basket weaving was not going to pay the bills. I chose computer programing which I knew was an industry I could grow and make a living. Teens today are able to make the same decision. So just stop it they need to be held responsible for their debt if a college promised them something then take legal action against the college for false claims but don't punish the rest of us.

  • @wesleyrodgers886
    @wesleyrodgers886 Год назад +9

    Gotta keep the wage slaves.

  • @andrewczski1969
    @andrewczski1969 Год назад

    What about those who took out loans to invest in casino slot machines and table games? Can't they get their loans paid by taxpayers, too???

    • @skiddilydoo
      @skiddilydoo Год назад

      Turns out a bunch of them did

  • @originalgangsta794
    @originalgangsta794 Год назад

    15 million students enroll in college every year. 70% of these students will have debt by time they receive a degree. So within a few years people will face the same process of debt without uncertainty they'll be financially efficient to repay the loans. How does this benefit our countries next generation or the general generations before this political interest for vote's

    • @BootyNoona
      @BootyNoona Год назад

      Biden's administration is also trying to reform the payment system to limit interest and cap your max payments based on income.

    • @originalgangsta794
      @originalgangsta794 Год назад

      @@BootyNoona But does Biden have anything to cap tuition that university's can charge? Unless there's something regarding the expenses these policies are only slightly effective.

    • @meilyn22
      @meilyn22 Год назад

      It's obvious you didn't listen to the case. This forgiveness was made possible by covid, it's only happening because of the covid emergency. It wouldn't happen again without any kind of emergency that requires intervention.

    • @originalgangsta794
      @originalgangsta794 Год назад

      @@meilyn22 apparently you didn't hear that 95% of the debt holders could profit from the debt cancellation. Sure you feel like a minority of people deserve special treatment. But it doesn't do anything to prevent anyone from facing this problem again. I agree Biden should have used the education act instead of taking away from soldiers who may need this once America is at war with China. Your kids will not have this help because of woke millennials didn't want to pay back loans just like Republicans don't want to pay national debt

    • @meilyn22
      @meilyn22 Год назад

      @original gangsta Words salad without saying anything. Pivot Pivot Pivot. When congress gave money to Americans for Covid Relief, did you argue that it was unfair to the 1%? Remember that not everyone received that money. The majority of Americans benefited. The idea that 98% of borrowers benefiting from the relief makes it a problem is kinda appalling. If you didn't watch this video but felt the need to write a comment then that says a lot about you. All your arguments were easily addressed by Elizabeth.

  • @fvtown
    @fvtown Год назад +9

    Surprise, conservatives don't like textualism when it helps people

    • @wither8121
      @wither8121 Год назад

      Textualism isn’t always supposed to be about helping people. The constitution is absolute.

    • @meilyn22
      @meilyn22 Год назад

      Exactly, now they want to add context to the text because it doesn't fit their narrative.

    • @fvtown
      @fvtown Год назад

      @@wither8121 that's not the point of my statement. The text here absolutely supports the agency action, conservative justices will find ways to rule against it because it helps people, not that textualism itself should only be interpreted when the statute helps people.

  • @roberttulba6990
    @roberttulba6990 Год назад +1

    Apparently only 22% of adults have paid off their student loans. Given that it’s a loan shark type of loan, they most have borrowed a very low amount.

  • @originalgangsta794
    @originalgangsta794 Год назад

    So what would this do for future loans and however they want to dismiss the inflation and costs due to Ukraine and Russia war. Are government imposed costs contributing to the inability to pay loan's. The fact that the president ran on student loan forgiveness overstated the needs and wants. It feels more like a political interest instead of actually improving life's of the borrowers lives. If the borrowers were able to benefit in the future maybe I could see the benefits but to choose a fine percentage of one group for a minimus timeline

  • @AmericanAntiCorruptionAct
    @AmericanAntiCorruptionAct Год назад

    Article III, Section 1 of the Constitution gives Congress the authority to change the size of the Supreme Court.

  • @virginiabobian8230
    @virginiabobian8230 Год назад +20

    This student loan debt relief will not benefit me, but I am happy 😊 for those who it will benefit. How can so many called christians be so selfish?

    • @LuxeonIII
      @LuxeonIII Год назад +2

      Because this Christian paid for three kids from my income. Do I get a hero rebate?

    • @suspicious2delicious
      @suspicious2delicious Год назад

      You can pay for higher taxes all you want just leave me out. I have enough shet to pay all on my own thank you very much

    • @markcrandall2794
      @markcrandall2794 Год назад

      it’s not going to benefit anyone because these lazy bums aren’t going to get it….let them pay their own debt.

    • @Nackdad
      @Nackdad Год назад +12

      @@LuxeonIII can I get a refund on taxes I paid to put your kids through k-12? If you use public roads, libraries, emergency services ect I'll expect a my money back there too.

    • @jacksyoutubechannel4045
      @jacksyoutubechannel4045 Год назад

      "For even when we were with you, we would give you this command: If anyone is not willing to work, let him not eat." - 2 Thessalonians 3:10
      You might also consider why there are Christians who are okay with this broad-sweeping program (that asks nothing, not even meager tenures in civil service or community/charitable work, in return). Many people were wise with their money and attended community colleges, or forwent college, or lived humbly in order to pay back their debt, while others -- people I've met myself -- took out loans they never made a single payment on because "they're going to get forgiven eventually." Is it wise to reinforce and reward that sort of attitude? Is it good to have to sympathy for those who made proper choices? There are people who never were able to go to college, despite desperately wanting to, who will see their tax burden increase to contribute toward paying off the student loans of those who never intended to pay in the first place. Can we really say that's just, or teaching either party a good lesson? (And where will it stop? Future borrowers will just assume theirs will be forgiven eventually, too.)
      I think a great many people would celebrate student loan forgiveness for a number of exemplary citizens -- people who were paying on their loans, doing good works in their communities, living frugally, etc. Perhaps even a certain number every year, awarded through community nominations: a sort of post-facto scholarship.

  • @robster7787
    @robster7787 Год назад +2

    I can’t say anything on this because I have a huge bias on this matter given that I am directly affected as someone to benefit from this should it ever get passed.
    Morally speaking, it shouldn’t pass, but for my situation, I low key want it to pass.

    • @cptnoname
      @cptnoname Год назад +2

      Morally speaking?

    • @andrewczski1969
      @andrewczski1969 Год назад +1

      At least thank you for your honesty.

    • @ceasaragye1594
      @ceasaragye1594 Год назад +3

      Saying morally speaking it shouldn't pass is not right at all. After September 11, Congress passed a law giving the educational sec power to forgive students loan during a crisis which was what the educational secretary wanted to do. The States arguing sees it as a bad thing because if that happens, it gives Biden a upper hand during elections. As for those other 2 students, I don't know what to call them but they were also sponsored by Republicans.
      The lawyer for the govt. was on point on what the law states.

    • @UrahYKUTV
      @UrahYKUTV Год назад

      ​@@ceasaragye1594 Thank You for highlighting this. Since student loan funds are borrowed on U.S. Treasuries the people who invest in them are trying to insure their investments; because cancelation of student loan debt will cause a dip in treasury yields by way of positively affecting the current inflationary period we are experiencing.
      Demonstration of powers such as this are a threat to long standing investment strategies. This demonstration of power has never happened before.

    • @ceasaragye1594
      @ceasaragye1594 Год назад

      @Ta'anach U'rah it an investment that has been turned to a scheme to make extra profit. America is the only country that has student loans profitable, almost as a stock market. That is what the GOP wants the country to become. Almost every developed country has social programs that benefit its citizens and students.
      Here in America, student loans are rather shark tanks. Do you know the government bails out these companies when they are about to go bankrupt?
      Now Republicans are turning to social security and Medicare/medicaid so that they can make it a money-making scheme. Do you realize that in the name of capitalism, the prices of goods are going higher in America when inflation itself is coming down all over the world?. Why so? Price gauging is killing the middle class and the poor. Anybody making less than 40k a year can no longer pay their bills.
      Student loans should never be a money making scheme

  • @brendaguffey1655
    @brendaguffey1655 Год назад

    People who are going to college knew they were going to have a student loan it's their response ability to pay their loan off

  • @vernonbowling5136
    @vernonbowling5136 Год назад +5

    How soon can taxpayers expect to wait for colleges to return our money if this passes ?

    • @LuckyCuro
      @LuckyCuro Год назад +3

      “How soon can taxpayers expect to wait” is not a viable use of words.

    • @martinx00x
      @martinx00x Год назад

      very soon

  • @ADreamAway-tt3bf
    @ADreamAway-tt3bf Год назад

    Fix SSA first. Tired of minority wins. It's time to consider the majority first. I put a similar comment on PBS and CNN' s live video of this case and they shut off comments immediately after I posted. We need to push for what the majority wants.

    • @jacksyoutubechannel4045
      @jacksyoutubechannel4045 Год назад

      Slow switch-over to privatization is the only way. (The math just can't make sense, especially at current birthrates and considering inflation.) Take advantage of the fact that you _finally_ have a large cohort who never expects to get anything anyway.

  • @beenjammin1750
    @beenjammin1750 Год назад +2

    This country's debt is like global warming... We're gonna put it off and put it off because this generation won't have to deal with it. But our kids? Our kids will hate us, just like the current generations disgraces the last one for how they handled certain things.

    • @ArchmageMarlock
      @ArchmageMarlock Год назад

      The previous generations unreported major horrific events like "Tuskegee Study". Abuse of women was common place. "Don't say Gay". Freedom existed for white males, however we are not all white males. Did you go to College? Dude. History Lesson.

    • @The_Night_ASMR
      @The_Night_ASMR Год назад

      Literally, as Gen X I agree with this statement I hate the people for not standing up. I’m not saying that everything will be fixed in a generation but the cost of college is outrageous and increased dramatically and the wages, didn’t. You don’t get the same return investment on a Degree you would have had in the 60s or 70s or even that 80s. A lot of professions are under paid, the idea of debt is just mind blowing to me. How could my parents and grandparents just sit by, and not stand up and let it get this out of control? It’s impossible to live in the economy at the rate we are headed.

    • @beenjammin1750
      @beenjammin1750 Год назад

      @@The_Night_ASMR I think you're right especially on the point that degrees just don't have the return on investment as they did before but that's ultimately the consumers decision to do so.. I went to college for a year and dropped out to go into the trades because of the profitability in them. I think you missed my point... Part of the reason college degrees cost so much now is because of inflation, in large part from reckless spending and bailouts from last generations. If we do that again, the cycles just continues. When does this country stop spending beyond it's means? When it goes bankrupt and defaults and we are ALL truly screwed?

    • @magician_aleks2726
      @magician_aleks2726 Год назад

      I agree. But then we can't bail out companies either. We all have to pay for it return those ppp loans that the gov handed during the pandemic 😡

  • @telmagarcia4620
    @telmagarcia4620 Год назад

    Judge amendeme fraude

  • @beenjammin1750
    @beenjammin1750 Год назад +4

    The problem is this case is taken so much consideration of who's responsible or who's at fault but NO ONE is considering the economic impacts now or in the future!! Same thing with the Ukraine spending! Like by the government's principles, I should go put all my money on credit cards and spend more than I earn!

    • @nalanl
      @nalanl Год назад +1

      That is Congress' responsibility, not SCOTUS'.

    • @beenjammin1750
      @beenjammin1750 Год назад

      ​@@nalanl true

  • @LuxeonIII
    @LuxeonIII Год назад +1

    If the forgiveness of these loans are an emergency how can the forgiveness also be a boon to state revenue from these cancelled loans now spending money to buy stuff? It’s not an emergency if the borrower just buys a boat instead of paying their loan.

    • @internetazzhole7592
      @internetazzhole7592 Год назад

      AMERICA IS THE GREATEST AND RICHEST COUNTRY IN THE WORLD
      AMERICA CAN AFFORD FREE COLLEGE.
      IF YOU DON'T THINK AMERICA CAN AFFORD FREE COLLEGE YOU ARE A ANTI-AMERICAN LOSER.

    • @joshua3911
      @joshua3911 Год назад

      Mark, first off that is loan fraud, don’t do the felony. Second that would be a transfer of educational funding to a general fund. You would deplete specific educational funding

    • @joshua3911
      @joshua3911 Год назад

      Third federal taxes vs state taxes. It’s a federal tax being required to be navigated by state taxes. Again one system will deplete the other.

    • @roberttulba6990
      @roberttulba6990 Год назад

      I believe the boon, should there be one, would come in the form of spending by consumers no longer burdened by heavy debt.

    • @LuxeonIII
      @LuxeonIII Год назад

      @@roberttulba6990 that’s the point though, if they can’t pay the loan burden because they don’t have the money , they can’t really spend money they still don’t have.

  • @joshua3911
    @joshua3911 Год назад

    Sotomayor went full Darrel Brooks “why isn’t mohela here?” The state says I’m here. 😂. The state fights for victims all the time without families permission.

    • @joshua3911
      @joshua3911 Год назад

      If an earthquake takes out a house, insurance pays the bill, but it’s a bill the home owners was paying on top of the home loan. Did students have education insurance payments on top of loan payments. No Sotomayor that’s a different program.

    • @fvtown
      @fvtown Год назад +1

      Your comment addresses the weakest part of the argument for the petitioners though, if the case doesn't move forward it will likely be because of standing

    • @joshua3911
      @joshua3911 10 месяцев назад

      😂. 🎉🎉🎉🎉🎉🎉

  • @KSiobhan
    @KSiobhan Год назад

    I read and reread the constitution, but does the government have the authority to make personal loans for education, home ownerships, or businesses?

    • @fvtown
      @fvtown Год назад +1

      Rereading the constitution isn't all that helpful if you're not looking at case law

    • @joshua3911
      @joshua3911 Год назад +2

      @@fvtown case law will stand with the loan being a contract by two consenting parties about terms of the loan. No where is a third party the average citizen responsible to pay another individuals loan.

    • @joshua3911
      @joshua3911 Год назад +1

      K.S embry. The answer is yes, however (interest must be made). The problem your going to have by executive order is it’s a power of the purse issue. Congress has that power not the president. U.S. Constitution, Article I, section 7, clause 1. 👍🏼

    • @KSiobhan
      @KSiobhan Год назад

      @@joshua3911 well I did an online search to see how people paid the student loans back. Some doctors misdiagnosed patients with cancer and other illnesses because Medicaid paid more and so the doctor would earn more to pay loans. Some doctors misdiagnosed patients with cancer and used profits to pay off student loans. So did this unethical conduct increase the cost of healthcare in the USA? In contrast you have some ethical doctors making over 100K but still struggling with student loan debts. Sadly this sounds like a national emergency. We need doctors, nurses, teachers and these people are struggling with payments. I know many pay day lenders would hate student loan forgiveness, but God hates usury. I pray for God to get involved in the court case and rule justly for everyone.

    • @joshua3911
      @joshua3911 Год назад

      @@KSiobhan I have zero pity for doctors. Pharmaceutical research labs are university taught. Their just circling money. But your answer seems to be the system of government in place is corrupt so we should allow the corrupt government to bail out the corrupt government students so that the corrupt system can survive. I’m out! Let it burn 🔥

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  • @DM-uk3dp
    @DM-uk3dp Год назад +3

    It's pretty simple. Just pay what you owe. No one forced you to sign the loan agreement. Grow up and be responsible for your own financial decisions.

    • @wither8121
      @wither8121 Год назад +1

      For real. It’s sad how liberals think they deserve everything in the world without consequences

    • @DM-uk3dp
      @DM-uk3dp Год назад

      @@wither8121 something for nothing is the democrats way.

    • @tangiblestracker7343
      @tangiblestracker7343 Год назад +1

      Great, so keep that same energy the next time Ukraine and Israel want money.

    • @roberttulba6990
      @roberttulba6990 Год назад +1

      Loan sharks used to be imprisoned. These borrowers have been loan sharked. Their interest is so high that these loans never get repaid. Let’s say you took out 24k. You could pay for 10 years and end up owing 32k. The payments just don’t touch the interest. You could pay the government hundreds of thousands of dollars over the course of 25 years (which I believe is the max) for a loan or 20-something thousand dollars. That’s one of the chief reasons why these loans aren’t getting paid back. They cannot be repaid due to the interest on the loans. Another aspect of these loans is that they’re almost impossible to discharge in bankruptcy, unlike credit card debt and other forms of debt which qualify a borrower for that kind of option for relief.

    • @DM-uk3dp
      @DM-uk3dp Год назад

      @Robert Tulba Maybe someone should have taken a free financial literacy class online before signing the loan contract. Terms of the loan, including the interest charges, are usually very clear in black and white print.

  • @TheVir1177
    @TheVir1177 Год назад

    The supreme court system is falling American people. If the federal government uses our taxes to borrowed the money to students, then they should payback. Why should be a forgiveness on the loans? The students asked for the loan. They should payback the money that they borrowed. Totally unfair for people that went to college and pay their way. Slapped in the face to the American people that pay the salaries for the government including the supreme court. Many American people are homeless living in tents. The federal Government should payback the money that they took from Social Security. Let's see if the Supreme court stand by the American people of this nation and stopped the student debt forgiveness. Biden shouldn't give a student loan forgiveness after all is not his money but the taxpayers money. Biden should give his salary to pay student loans, instead.

  • @brianoutriders7941
    @brianoutriders7941 Год назад +1

    I paid my student loan. I think it's pretty messed people can't pay theirs. I don't want to pay for theirs with my taxes. WTF. Why should I have to pay for them. If the government pays for it. We pay for it. It always comes out of our pockets. Pay your debt free loaders. Student loan forgiveness. Something for nothing. F

    • @MichelleHogan83
      @MichelleHogan83 Год назад +2

      Based on your reasoning: "I can pay all my bills and fund my own 401k account, I shouldn't have to pay into social security to supplement other people 's retirement or pay taxes to support other programs that I can't take advantage of." TLDR: We all pay for things we don't get to benefit from. Be happy for others and go on about your day. Congrats on being able to get from under the weight of crushing student loan debt.

    • @zrsous8874
      @zrsous8874 Год назад +1

      How about this then…I hate that my taxes go to your kids’ public high school education. Give me my money back!

    • @yolandas.6193
      @yolandas.6193 Год назад +2

      So you're selfish. I didn't start a business. Yet those that did who had successful businesses received millions in forgivable government loans. That was a giveaway. How is that fair to those people who put off starting a business and work for others? It's not.

  • @Corkfish1
    @Corkfish1 Год назад +7

    So glad that Democrats are for the common man. I mean it's only fair that plumbers, postal workers and truck drivers should pay off the loan of an attorney making $125,000 a year. Lol!!

    • @John-oj8si
      @John-oj8si Год назад +2

      Well because an attorney requires you to have a high level education? I mean you can’t blame a person who wants to be successful in their lives

    • @tatianabritton6258
      @tatianabritton6258 Год назад +8

      This made zero sense. Law school costs on average $200,000. The student loan relief forgives $10k-$20k depending on how much the lawyer has made between 2021-2022. Even if forgiveness goes through and said lawyer qualifies (and IF they are making that much post graduation), that’s barely enough to cover the accrued interest on the loans taken out for school. Pay attention next time.

    • @Corkfish1
      @Corkfish1 Год назад +1

      @@tatianabritton6258 ok. Then make it an engineer, realtor or accountant making$125k Happy now dumbazz?

    • @Corkfish1
      @Corkfish1 Год назад +4

      @@John-oj8si of course I don't blame them. But why should a truck driver pay for it???? Universities have billions of dollars in endowments that are tax free. Let THEM pay.

    • @The_Night_ASMR
      @The_Night_ASMR Год назад +2

      I don’t recall none of US single handily paying of a single thing, it’s a collective whole that has paid into taxes and that includes those seeking relief. My debt is less than the total tax amount I’ve paid to the federal government and to the State. 5 times less and for others probably more, at the end of the day tax dollars are spent on and for numerous things. Debt relief shouldn’t be any different, there are always hundreds of programs some of us quality for and some don’t and THATS OKAY. It’s fair in the sense that it’s going to always be those who disqualify for something and those who do, that’s life. Like it will always be poor and rich, everyone can’t be rich. But we can absolutely extend relief to those who need it. I might not qualify for student debt, but I’m not gone stop the next. Good for them ❤️‼️