Missouri judge blocks Biden student loan
forgiveness that was cleared to proceed
CNBC,
by
Annie Nova
Original Article
Posted By: Dreadnought,
10/4/2024 12:20:58 AM
The Biden administration’s sweeping student loan forgiveness plan was temporarily blocked again Thursday by a Missouri judge, just one day after a federal judge in Georgia said he would let a restraining order against the relief expire.
St-Louis-based U.S. District Judge Matthew Schelp, an appointee of Republican former President Donald Trump, issued the latest preliminary injunction against Biden’s relief plan.
As a result of the order, the U.S. Department of Education is again barred from forgiving people’s student loans until Schelp has a chance to rule on the case.
The latest order capped 24 hours during which federal student loan holders were subjected to judicial whiplash
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Reply 1 - Posted by:
kdog 10/4/2024 5:50:17 AM (No. 1807181)
How is making payments you promised on the loan you took without coercion "WHIPLASH"?
26 people like this.
Reply 2 - Posted by:
Strike3 10/4/2024 7:04:43 AM (No. 1807207)
Sorry, Joe, no mo money.
16 people like this.
Reply 3 - Posted by:
privateer 10/4/2024 7:23:36 AM (No. 1807217)
Old Joey Hubbard, went to the cupboard, to give his poor loafers a loan. But when he got there, the cupboard was bare, and so his poor leeches got none.
20 people like this.
Reply 4 - Posted by:
bighambone 10/4/2024 8:03:45 AM (No. 1807244)
Ever notice that just about every time Biden gives a speech that there are comments in the speech about him sending billions of taxpayer dollars to some country or group? Why do you think that inflation has been so high during the Biden-Harris years?
10 people like this.
Reply 5 - Posted by:
Venturer 10/4/2024 8:08:00 AM (No. 1807249)
We got money for college loans, but no money for hurricane victims.
18 people like this.
Reply 6 - Posted by:
stablemoney 10/4/2024 9:32:46 AM (No. 1807328)
The SCOTUS has ruled the loan forgiveness illegal. Does anything matter to Democrats any longer? No, nothing matters to those without any conscience, ethics, principles, or common decency.
9 people like this.
Reply 7 - Posted by:
Kafka2 10/4/2024 9:43:01 AM (No. 1807337)
Good for the judge. It is criminal to force other people to repay loans taken out by other people.
11 people like this.
Reply 8 - Posted by:
Zigrid 10/4/2024 9:55:12 AM (No. 1807350)
Another buying votes scheme by ole joe's White House cabal is in trouble...and the anticipated payout is yet again stalled...can't say I'm sorry for these dead beats...if you took the loan...then you pay the loan....it's not up to those of US who paid off the college loans of our children...to lighten your load...I carried my load and I'm not gonna help you skate....
8 people like this.
Reply 9 - Posted by:
cor-vet 10/4/2024 10:35:01 AM (No. 1807384)
Good!
4 people like this.
Reply 10 - Posted by:
RussZilla 10/4/2024 10:55:13 AM (No. 1807393)
The way the banks and the government lend money is immoral. It’s usury, and it cripples students today. First of all, the interest rate is unfair. Second, the colleges and universities take advantage of it by raising the cost of education. Third, there are no jobs for many students in the areas they choose to study.
Usury means that the borrower becomes a slave to the debt. That is what the lending institutions intend.
The educational institutions do not prioritize education for employment. The focus is not on attaining practical skills. When you couple this with a society that has diminished the importance of manual labor, trades, and factory jobs, the liberal arts major, a generic degree at best, is prepared for nothing. They end up in retail jobs and food service, as well as other jobs that don’t pay well enough for them to afford a house and a middle class life like their parents and grandparents had. They might drive shiny cars, but have to settle for sharing apartments, and life after education is hindered. Things like marriage and family are put on the back burner, taking away from the foundation of society. How can a society thrive when it becomes this?
Interest money is no more than a promise. It is not based on physical things of value. We live in the worst debt crisis the world has ever known. A trilllion here, a trilllion there. That’s what the citizens of the US have to pay back, just to get back to zero, to balance everything out. Not gonna happen. It’s time for the usurers to give up asking. Loan forgiveness is necessary, not just for college students, but for people who psy mortgages. It’s going to hurt them, but I’m ready to support that. There are more people like me, debt slave. It’s time for a slave revolt.
2 people like this.
Reply 11 - Posted by:
Echohawk 10/4/2024 11:10:28 AM (No. 1807398)
The Missouri judge to Sleepy Joe, "Don't."
4 people like this.
Reply 12 - Posted by:
proximo 10/4/2024 5:34:51 PM (No. 1807620)
The way the article is written makes it sound like some random Missouri judge is interfering with the ruling of a Federal Judge. Both the Georgia and Missouri judges are Federal judges.
0 people like this.
Reply 13 - Posted by:
SouthernYankee 10/4/2024 6:46:47 PM (No. 1807646)
Make the lawyer tuition free while the janitor cleaning his toilet pays his tab.
0 people like this.
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