The Supreme Court ruled Biden’s student-loan forgiveness is illegal, meaning borrowers will resume payments without debt cancellation this year.
The Supreme Court ruled Biden’s student-loan forgiveness is illegal, meaning borrowers will resume payments without debt cancellation this year.
Loan forgiveness would have helped a lot of people who didn’t go to college. People who did not finish their degrees and parents who cosigned on loans were two big benefactors. The blatant hypocrisy of forgiving the PPP loans but then objecting to this forgiveness is what stings the most to me.
I get the hypocrisy, but from a legal perspective, PPP loans were explicitly authorized by Congress. This wasn’t.