Student Loan freeloaders may have to pay their own way
Looks like the taxpayers might be spared the expense of having to pay for student loans, taken out by the idiots who think a Lesbian Dance Theory degree will get you a six figure job.
https://www.foxbusiness.com/politics/u-s-appeals-court-grants-injunction-temporary-blocking-bidens-student-loan-handout
US appeals court temporarily blocks Biden's student loan handout
The 8th U.S. Circuit Court of Appeals sided with several Republican-led states
Earth to idiots here:
Forgiving a loan means it no longer exists and the lender has to eat the loss.
Unelected Joe did not do that. He proposed making the TAXPAYERS pay for these student loans. The lenders still get their money back. But the entitled idiots who whine about no job with a useless Sociology or Gender Studies degree will not have to take responsibility for their stupidity.
The US Court of Appeals has just ruled that they will have to take that responsibility.
(I'll wait patiently while some idiot here has a problem with people paying their debts.)
https://www.foxbusiness.com/politics/u-s-appeals-court-grants-injunction-temporary-blocking-bidens-student-loan-handout
US appeals court temporarily blocks Biden's student loan handout
The 8th U.S. Circuit Court of Appeals sided with several Republican-led states
The 8th U.S. Circuit Court of Appeals granted a motion on Friday to temporarily block President Biden's estimated $500 billion student loan handout plan.
The appeals court ruled in favor of six Republican-led states who requested that Biden's handout plan is halted while the court works through its request for an injunction.
Biden's plan, which aims to cancel up to $20,000 in student loan debt for Pell Grant recipients in college and up to $10,000 for others who borrowed using federal student loans.
Qualifications for the handout include having an adjusted gross income of less than $125,000 individually, and less than $250,000 if married.
The appeals court ruled in favor of six Republican-led states who requested that Biden's handout plan is halted while the court works through its request for an injunction.
Biden's plan, which aims to cancel up to $20,000 in student loan debt for Pell Grant recipients in college and up to $10,000 for others who borrowed using federal student loans.
Qualifications for the handout include having an adjusted gross income of less than $125,000 individually, and less than $250,000 if married.
Earth to idiots here:
Forgiving a loan means it no longer exists and the lender has to eat the loss.
Unelected Joe did not do that. He proposed making the TAXPAYERS pay for these student loans. The lenders still get their money back. But the entitled idiots who whine about no job with a useless Sociology or Gender Studies degree will not have to take responsibility for their stupidity.
The US Court of Appeals has just ruled that they will have to take that responsibility.
(I'll wait patiently while some idiot here has a problem with people paying their debts.)
70-79, M
