Qasim Rashid, Esq.Dec 1, 2022

If you’re one of the tens of millions of hardworking people wondering why your $10K or $20K student loan forgiveness is on hold, here’s why.

A GOP plaintiff—who himself had $48K in PPP loans forgiven—is suing because he only got only $10K—not $20K—in student loan forgiveness.🤦🏽‍♂️ So he’s suing to burn it all down. The GOP hypocrisy and war on working people is truly a thing to behold.

And this is why we can’t have nice things. Smh.

Show threadAlex ChaffeeDec 1, 2022
@QasimRashid so does that mean that if Biden had forgiven *all* the debt then it would have been in effect by now (as well as more popular and more helpful to more people)? Maybe Democratic feckless centrist triangulation is a deeper reason we can’t have nice things (vs predictable GOP opposition).
Show threadPeter Butler

@alexch @QasimRashid I don't think so. The legality of one-time student loan debt relief is dependent on the pandemic and the HEROES act.

The amount of forgiveness doesn't really matter, legally (imo).

However, the current program is projected at a cost of $400 billion. If they forgave it all, that would be $1.6 trillion, or 4x as much. It shouldn't matter legally, but it probably would impact court decisions and public opinion negatively.

(I agree in forgiving it all.)

Dec 2, 2022 at 5:11amWeb