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Somebody fucked around with this message at 16:03 on Feb 25, 2023 |
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Feb 25, 2023 15:26
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Should know sometime this morning.
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Jun 30, 2023 13:35
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Thom12255 posted:Should know sometime this morning. 10 am EST is when they will start opinions and (most likely) crush some dreams.
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Jun 30, 2023 13:47
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Some links if you want to follow along: https://www.scotusblog.com/2023/06/announcement-of-opinions-for-friday-june-30-2/ https://www.supremecourt.gov/opinions/slipopinion/22 First is a live thread with people in the courtroom and the 2nd is where they publish opinions.
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Jun 30, 2023 14:46
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Leon Trotsky 2012 posted:10 am EST is when they will start opinions and (most likely) crush some dreams. The fact that the decision is being held to the very last minute might actually mean that they'll let it go through. Roberts has grown a lot more conscious of trying to not completely shred the political popularity of the court, so if he's looking at a bunch of decisions from the conservative majority that are gonna get people upset, but he's got a ruling that will let the debt forgiveness happen, then it would make sense to leave that ruling for the very last possible day so that it becomes the main topic of conversation (and drowns out discussion of the other rulings that are less popular). At the very least, I think if they were going to block the forgiveness, I think Roberts would have had that decision released on the same day as they released the North Carolina decision (since that would slightly placate the conservatives who were so upset). Then again, maybe I'm really off base here. I guess we'll find out in 8 minutes...
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Jun 30, 2023 14:53
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They just green lit full bore theocracy, so I doubt there's much reputation to preserve
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Jun 30, 2023 15:09
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First student loan case, Dept of Education v. Brown. Unanimous -- no standing.
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Jun 30, 2023 15:33
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Unanimous Brown has no standing Still waiting on the 2nd one
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Jun 30, 2023 15:34
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Dead.
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Jun 30, 2023 15:36
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Yep, I called that one wrong.
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Jun 30, 2023 15:36
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Welp. We've got thirty days until pain resumes, right?
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Jun 30, 2023 15:37
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Kammat posted:Welp. We've got thirty days until pain resumes, right? October 1st.
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Jun 30, 2023 15:37
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Kammat posted:Welp. We've got thirty days until pain resumes, right? Interest resumes September and Payments October.
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Jun 30, 2023 15:37
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gently caress
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Jun 30, 2023 15:40
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quote:The key snippet on standing, which rests on MOHELA as we discussed before opinions started: "By law and function, MOHELA is an instrumentality of Missouri: It was created by the State to further a public purpose, is governed by state officials and state appointees, reports to the STate, and may be dissolved by the State. The [debt forgiveness] plan will cut MOHELA's revenues, impairing its efforts to aid Missouri college students. This acknowledged harm to MOHELA in the performance of its public function is necessarily a direct injury to Missouri itself."
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Jun 30, 2023 15:41
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quote:On the merits of the plan, the Biden administration had relied on the HEROES Act, a post-9/11 law that allows the Secretary of Education to "waive or modify any statutory or regulatory provision applicable to the student financial assistance programs . . . as the Secretary deems necessary in connection with a war or other military operation or national emergency."
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Jun 30, 2023 15:46
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Doesn't the change to % of income that can be used for payments still apply regardless?
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Jun 30, 2023 15:47
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Zotix posted:Doesn't the change to % of income that can be used for payments still apply regardless? Yes, the new IDR plan was not part of the lawsuit. It still isn't available yet, but it is supposed to be up in the next 1-2 months.
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Jun 30, 2023 15:50
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Leon Trotsky 2012 posted:Yes, the new IDR plan was not part of the lawsuit. It still isn't available yet, but it is supposed to be up in the next 1-2 months. So that would more or less cut payments roughly in half for most people right?
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Jun 30, 2023 15:53
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Zotix posted:So that would more or less cut payments roughly in half for most people right? Depends on income and what your current payments are. If you make less than ~$34k as a single person, then the payments are $0. Someone making $50k would owe around $60 per month. You can get a rough estimate with the calculator here: https://www.studentloanplanner.com/income-based-repayment-calculator/
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Jun 30, 2023 15:55
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Easy-ish way out of this is for Biden's DoE to announce that payments are starting back up at .01% of discretionary income and it will stay that way as long as he's President. lovely ruling.
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Jun 30, 2023 15:56
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Zoph posted:Easy-ish way out of this is for Biden's DoE to announce that payments are starting back up at .01% of discretionary income and it will stay that way as long as he's President. lovely ruling. That doesn't address interest accrual which is a big problem
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Jun 30, 2023 15:58
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Zoph posted:Easy-ish way out of this is for Biden's DoE to announce that payments are starting back up at .01% of discretionary income and it will stay that way as long as he's President. lovely ruling. I don’t think he’ll do that.
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Jun 30, 2023 16:01
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Maybe something? Probably nothing? https://twitter.com/kylegriffin1/status/1674792508231159818?s=61&t=fWsm-upldseXptBaVlet9Q
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Jun 30, 2023 16:03
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Happy Noodle Boy posted:Maybe something? Probably nothing? Just bring back the pause. Emergency is the Supreme Court is flagrantly corrupt and politicized.
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Jun 30, 2023 16:05
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It'll be some weak "now the creditors have to tell you 60 days before they take your house! And they have to file paperwork in triplicate!" half measure.
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Jun 30, 2023 16:08
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It's not going to be anything more than "oh well we tried" and some pandering about "keep fighting" or whatever.
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Jun 30, 2023 16:11
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We've got to gently caress over former students so lenders will have the resources to gently caress over future students
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Jun 30, 2023 16:14
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FizFashizzle posted:Just bring back the pause. Biden gave away his authority to do that last month in the negotiations on the debt ceiling bill. Payments restarting this fall is now law. E: source https://studentaid.gov/announcements-events/covid-19 quote:Congress recently passed a law preventing further extensions of the payment pause. Student loan interest will resume starting on Sept. 1, 2023, and payments will be due starting in October. VitalSigns fucked around with this message at 16:22 on Jun 30, 2023 |
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Jun 30, 2023 16:16
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Happy Noodle Boy posted:Maybe something? Probably nothing? it is very likely that new idr plan slash rework slash what the hell ever they announced a while back
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Jun 30, 2023 16:22
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Yeah I’m not sure what ‘new actions’ are actually available. The new IDR plan is already on the cusp of rolling out and the authority to extend the pause was ceded for the debt ceiling.
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Jun 30, 2023 16:22
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What is the likelihood people start suing the new IDR changes now that the main forgiveness is dead?
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Jun 30, 2023 16:54
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buglord posted:What is the likelihood people start suing the new IDR changes now that the main forgiveness is dead? Conservatives want to punish young people for voting for solidly democrats so probably 100%
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Jun 30, 2023 17:11
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Those changes weren't really widely publicized so they don't have any momentum behind striking them down. I would guess that most of the people who oppose student loan forgiveness don't actually know how the system works and don't realize that this means people will just be paying pennies anyway. Their entire view on this issue was "giving money to liberals=bad."
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Jun 30, 2023 17:27
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The Illusive Man posted:Yeah I’m not sure what ‘new actions’ are actually available. The new IDR plan is already on the cusp of rolling out and the authority to extend the pause was ceded for the debt ceiling. Would it be realistic for Joe to direct the CFPB to tell credit agencies to ignore unpaid student loan debt like they did for small medical bills?
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Jun 30, 2023 17:29
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i think the reasoning was because of using the covid law, so if biden uses the heavy hammer of the executive i think it'd be kosher. i just wouldn't expect him to
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Jun 30, 2023 17:45
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i say swears online posted:i think the reasoning was because of using the covid law, so if biden uses the heavy hammer of the executive i think it'd be kosher. i just wouldn't expect him to IIRC the decision seems to imply that anything other than Congress cancelling debt would be struck down so I doubt they'd be fine with another executive action. 
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Jun 30, 2023 17:49
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Mr Luxury Yacht posted:IIRC the decision seems to imply that anything other than Congress cancelling debt would be struck down so I doubt they'd be fine with another executive action. gently caress it, tie it to the Agribusiness Act of 1822. Issue an EO. Who gives a gently caress.
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Jun 30, 2023 17:50
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zimbomonkey posted:Those changes weren't really widely publicized so they don't have any momentum behind striking them down. I would guess that most of the people who oppose student loan forgiveness don't actually know how the system works and don't realize that this means people will just be paying pennies anyway. Their entire view on this issue was "giving money to liberals=bad."
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Jun 30, 2023 18:10
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buglord posted:What is the likelihood people start suing the new IDR changes now that the main forgiveness is dead? Anyone can try to file a lawsuit any time they want, but there's no guarantee that a court would give it the time of day. Payment plan changes are completely different from loan forgiveness.
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Jun 30, 2023 18:20
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