US Politics |OT|

[EpicRandy]

KLAMarine said:

the-pi-guy said:

The Supreme Court blocked the Biden administration’s student loan forgiveness plan on Friday, invalidating a program aimed at delivering up to $20,000 of relief to millions of borrowers with outstanding debt in aftermath of Covid, @Arianedevogue reports https://t.co/ltZfCTEB6u

— Manu Raju (@mkraju) June 30, 2023

The decision you all have been waiting for.

Any plans on going after the very institutions that put these students in debt in the first place?

Of course not, that's still an effective way to transfer wealth from the poor to the wealthy. Of course, US politics don't want that. The reasons they are blocking this are:

• Despite not losing money themselves (the wealthy loaners) they can't stand someone getting in the way of enlarging the gap between them and those targeted by the loan forgiveness.
• The fact that this specifically helps people to get educated which the very insecure Republicans can't stand in the slightest.