You Gotta Pay The Loans!

Borrowers of federal loans must pay in full.

Elections have consequences.

Think about the corporations and lawmakers getting loans and debt relief. They are allowed to get it but not the working class.

The U.S. Supreme Court struck down President Joe Biden's amended student loan relief plan and it sided with the culture wars and elite. Their decision limits the presidential powers for Biden and future presidents.

So thus, Congress must pass legislation to give debt relief to students. 

Oh the leftists who claimed that Biden alone can cancel student debt. Stupidity is also a problem. Not messaging or strategic tactics.

See voting for third party candidates, Washed Up 45 or not voting at all led to the three Supreme Court rulings rolling back abortion rights, affirmative action, rights for the protected class and a measly ounce of money to help the poor and middle class.

Hillary Clinton was right all along. The leftists who were Bernie or Bust can go fuck themselves. They allowed the conspiracy theories ruin 50 years of progress.

Corporate Democrats my ass. 

How about leftist trash got the end game handed to them. All because they wanted to embrace short term goals with do nothing agitators. Bernie Sanders, Kyrsten Sinema, Joe Manchin, Susan Collins, Lisa Murkowski and Jon Tester should pat themselves on the back. Sanders for making the 2016 election a loss. Manchin, Sinema and Tester for running with their tails between their legs. Murkowski and Collins for believing these justices are going to hold the status quo.

The president's executive order to extend student debt relief is over. The students who failed to apply for student debt relief will now be on the hook for any occurrence and owed debts.

The 6-3 decision clearly fell on Republican states trying to "own the libs."

Vacation time. The decisions are made and now they head home. Clarence Thomas and Samuel Alito will be celebrated by their megadonor buddies.

Chief Justice John Roberts, Justices Amy Coney Barrett, Samuel Alito, Clarence Thomas, Brett Kavanaugh and Neil Gorsuch struck down the executive order.

Justices Kentaji Brown Jackson, Elena Kagan and Sonia Sotomayor opposed it.

The court rejected the Biden administration's arguments that the plan was lawful under a 2003 law called the Higher Education Relief Opportunities for Students Act, or HEROES Act. The law says the government can provide relief to recipients of student loans when there is a “national emergency,” allowing it to act to ensure people are not in “a worse position financially” as a result of the emergency.

Chief Justice John Roberts said the HEROES Act language was not specific enough, writing that the court's precedent "requires that Congress speak clearly before a department secretary can unilaterally alter large sections of the American economy."

The plan, which would have allowed eligible borrowers to cancel up to $20,000 in debt and would have cost more than $400 billion, has been blocked since the 8th U.S. Circuit Court of Appeals issued a temporary hold in October.

About 43 million Americans would have been eligible to participate.

The student loan proposal is important politically to Biden, as tackling student loan debt was a key pledge he made on the campaign trail in 2020 to energize younger voters.

The ruling will immediately put pressure on the Biden administration to find an alternative avenue to forgive student debt that could potentially withstand legal challenge.

Advocates, as well as some Democrats in Congress, say the Education Department has broad power to forgive student loan debt under the 1965 Higher Education Act, a different law to the one at issue in the Supreme Court cases.

Separately, the student loan repayment process is set to begin again at the end of August after having been put on pause during the Covid-19 pandemic, although first payments will not be due until October.

The court considered two cases: one brought by six states, including Missouri, and the other brought by two people who hold student loan debt, Myra Brown and Alexander Taylor. The court ruled that the program was unlawful in the case brought by states but found in the second case that the challengers did not have legal standing.

She said the states bringing the challenge did not have legal standing to even bring the case, and in analyzing HEROES Act, the conservative justices ignored the clear language of the law.

"The result here is that the court substitutes itself for Congress and the executive branch in making national policy about student-loan forgiveness," Kagan wrote.

The court decided the case in part based on a legal argument made by the challengers that the conservative majority has recently embraced called the “major questions doctrine.”

Under the theory, federal agencies cannot initiate sweeping new policies that have significant economic impacts without having express authorization from Congress.

The conservative majority cited the major questions doctrine last year in blocking Biden’s Covid vaccination-or-test requirement for larger businesses and curbing the authority of the Environmental Protection Agency to limit carbon emissions from power plants.

The challengers argued that the administration’s proposal — announced by Biden in August and originally scheduled to take effect last fall — violated the Constitution and federal law, partly because it circumvented Congress, which they said has the sole power to create laws related to student loan forgiveness.

Biden had proposed canceling student loan debt during the 2020 presidential election campaign.

The administration ultimately proposed forgiving up to $10,000 in debt for borrowers earning less than $125,000 a year (or couples who file taxes jointly and earn less than $250,000 annually). Pell Grant recipients, who are the majority of borrowers, would be eligible for $10,000 more in debt relief.

The administration closed the application process after the plan was blocked. Holders of student loan debt currently do not have to make payments as part of Covid relief measures that will remain in effect until after the Supreme Court issues its ruling.

The nonpartisan Congressional Budget Office estimated in September that Biden’s plan would cost $400 billion.