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this post was submitted on 30 Jun 2023
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United States | News & Politics
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Are there any legal experts who could chime in to help me understand the why of this decision?
If these loans are held by the executive branch, why aren't they allowed to cancel their own loans? Is there really a federal law on the books against this?
That seems... tenuous? This strikes me as a traffic-ticket kind of situation where there are multiple equally legal courses of action that the official can choose to apply. If the department is charged with enforcing the terms of a loan contract and that contract contains a cancellation clause, on what basis is the court ruling that invoking cancellation is any different from acceptable actions like invoking a lien?
No this isn't really it in this case. There was a law passed by congress called the heroes act. It explicitly gave the power to the executive branch to "waive or modify" loans in response to national emergencies. Corona virus pandemic was legally declared a national emergency, so Biden invoked the law to waive and modify the loans. The supreme court is really out here in left field, bending over backwards as to why the executive branch can't use the heroes law in this way. John Roberts wrote some ridiculous stuff about how "waive" and "cancel" aren't the same or something. The conservatives claim to be "textualists" but this is a false front, they just claim whatever partisan republican priority at the time they feel like.
The pandemic caused serious financial burden to the average American, and the only reason why it wasn't significantly worse for millions of people is because the federal government paused interest and repayment deadlines for federal student loans.
Loan forgiveness is another method of providing relief for people whose economic means took a hit as a result of the pandemic, and is something a lot of people were counting on the day it was announced. If this is unconstitutional, then so were paycheck protection program (PPP) loans that were forgiven by the Fed due to the pandemic as well. The only difference between the two is that the GOP likes big business owners who benefitted from PPP loans (and several GOP politicians and their families took out millions in PPP loans that were forgiven) and they don't give a shit about college students who aren't likely to vote red.
This is just another way the conservatives are "sticking it to the libs", so they have something to brag about during next year's election.
Because these conservative judges are in the bag for the GOP and see an opportunity to hurt two groups of people they really hate:
Edit: IANAL, just really pissed off.
The recent decisions are not based in fact or existing caselaw. They are conservative opinions being forced on us through bad faith arguments by an illegitimately appointed Supreme Court majority.
Because executive action can be used only when it has been specifically authorized by Congress.
It was authorized by congress, specifically the heroes act. It gave the executive branch the power to "waive or modify loans" in reponse to a national emergency, and cornavirus was declared one. The law passed by congress explicitly gives Biden the power to do this. It'd a terrible ruling by the court. Not to mention the suing parties have no standing to begin with, and the suit never should have even gone forward on that basis in the first place.
There is no national emergency anymore. He should have acted when covid was still a thing, or when he had a democrat congress.
It was launched a year ago. It would have happened long ago if republicans hadn't sued (with absolutely no standing btw, which should have made the case dead on arrival anyways in any legitimate court). It's a part of a comprehensive plan that began with the pausing of student loan payments that started as the economy went into freefall with the pandemic. With a national emergency declared by Trump. If not for the republicans suing to stop this in fact, the forgiveness would have happened, student loan payments would have resumed for remaining loans months ago, and everything would be back to relative normalcy. Now we're trying to restart payments again with constant craziness and uncertainty because of a blatantly partisan court with no coherent judicial reasoning.
Yeah... but the FBI doesn't need to write to Congress every time it decides to make an arrest. Congress delegates broad powers to the executive branch and in this case my understanding is that there were relatively few carveouts limiting what could be done with these loans. What I'm asking about is what specifically did the court reference when they said that this action was an overstepping of the branch's authority?