this post was submitted on 30 Jun 2023
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The Supreme Court strikes down Biden's student-loan forgiveness plan, blocking debt relief for millions of borrowers (www.businessinsider.com)
submitted 1 year ago by [email protected] to c/[email protected]
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The Supreme Court ruled Biden's student-loan forgiveness is illegal, meaning borrowers will resume payments without debt cancellation this year.

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

I really don't think it's the rich that are driving a lot of the opposition to this. I'm originally from a very poor rural Missouri town where the vast majority of people don't go to college. As you can imagine, they're not huge fans of the idea of subsidizing loans for people who are statistically going to go on to make significantly more money than they are anyway.