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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[โ€“] [email protected] 2 points 1 year ago* (last edited 1 year ago) (1 children)

This isn't as much of a class thing as you think it is. Upper middle class and rich people with college degrees don't have student debt because their families paid for their college tuition. People from lower middle class and working class families have student debt.

[โ€“] [email protected] 2 points 1 year ago

It's not about "paying off" anyone's loans. It's loan forgiveness.

Mathematically the same thing.

Only people from lower middle class and working class families have student debt.

It's not about where people came from, it's about where they're going and where they are now. Statistically, people with a degree are much wealthier than those without. There are actual poor people who need the help much more.