this post was submitted on 30 Jun 2023
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Politics

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The U.S Supreme Court on Friday was set to rule on the legality of President Joe Biden's plan to cancel $430 billion in student loan debt - a move intended to benefit up to 43 million Americans and fulfill a campaign promise.

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[–] [email protected] 26 points 1 year ago (6 children)

Today is the day we should hear definitively; one way or another. It will either help out 43 million Americans, or it will set a new precedent that anyone can sue regardless of being harmed. Should be an interesting day.

https://teddit.net/r/StudentLoans/comments/14mr6bn/litigation_status_bidenharris_debt_relief_plan/

[–] BioDriver 16 points 1 year ago (1 children)

This point is being grossly overlooked. If the Supreme Court sides with the plaintiffs it will set a very irresponsible precedent and will open Pandora’s box of lawsuits

[–] [email protected] 3 points 1 year ago

Can student loan borrowers file a class action against Missouri and Nebraska? We have more standing than they had after all. Had they not filed their lawsuit we would all have up to 20k less in debt.

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