World News

32355 readers

222 users here now

News from around the world!

Rules:

Please only post links to actual news sources, no tabloid sites, etc
No NSFW content
No hate speech, bigotry, propaganda, etc

founded 5 years ago

MODERATORS

[email protected]

154

The Supreme Court rejects Biden's plan to wipe away $400 billion in student loan debt (apnews.com)

submitted 1 year ago by [email protected] to c/[email protected]

155 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 6 points 1 year ago (1 children)

I was under the impression the student loan companies did not care. They were getting paid regardless.

[–] [email protected] 2 points 1 year ago (1 children)

Maybe that is correct. I'm not sure who was giving the money back.

[–] [email protected] 4 points 1 year ago

The government was going to pay off the loans. This is why MOHELA publicly said it was all the same to them. Internally they projected increase revenue from forgiveness.

https://truthout.org/articles/report-central-legal-case-against-student-debt-relief-is-fundamentally-false/