Oh, please. Does that mean you can't buy a car on sale? Or fluctuating house prices can't happen? Geez......This just in.....the SCOTUS has ruled that you can't lower the cost of education because it wouldn't be fair to people who paid more in the past. Details at 11.
This just in.....the SCOTUS has ruled that you can't lower the cost of education because it wouldn't be fair to people who paid more in the past. Details at 11.
Agreed. Sorry they didnt come through for you guys.Forgiving student loans is a no go, but it’s perfectly acceptable to forgive PPP loans. And let’s not forgot how they bailed out banks and financial institutions that caused the 2008 crash
What a joke
Luckily I take part in the Public Service Loan Forgiveness program. Been with the same government employer for 9+ years now so I only have a few more months to go until any balance remaining on my loan is forgivenAgreed. Sorry they didnt come through for you guys.
Most of that is interesting, right? I heard a lot of these loans have become predatory, people having to pay back well more than they borrowed.?Luckily I take part in the Public Service Loan Forgiveness program. Been with the same government employer for 9+ years now so I only have a few more months to go until any balance remaining on my loan is forgiven
But decreasing my overall balance by $10,000 would have been very beneficial for me. Since I do income-based repayment, each year I’ve been having to pay more and more. Went from paying $160/month when I started to around $480/month more recently. Don’t even want to begin to imagine what I will have to pay once payments start up again considering I am in a higher paying position at the moment
YesMost of that is interesting, right? I heard a lot of these loans have become predatory, people having to pay back well more than they borrowed.?
So getting nowhere fast.Yes
I’ve pretty much been paying back interest fees only
Utterly pathetic but expected.This just in.....the SCOTUS has ruled that you can't lower the cost of education because it wouldn't be fair to people who paid more in the past. Details at 11.
Yes
I’ve pretty much been paying back interest fees only
That's just not even the least bit fair. Its like you're getting extra taxed.All of my fed loan payments have been hitting interest only. Didn’t even touch the principal
It could also be them thinking the government should be making money. Better this than taxing the rich.That is what is so wrong with student loans. Say you only owe $50,000 and you can only pay $200 a month but the interest rate is like 6%. You are utterly screwed on paying it off because you never will. And if somehow in the future you do, you may well end up spending an extra third or more paying off that 50.
And this is exactly what Republicans think is right. You go into debt to get a degree that isn't worth it to pay more off of a debt than it originally started as.
Exactly. Had this been available to everyone, it would have been harder to fight.Utterly pathetic but expected.
But the most infuriating thing is how the GOP challenged this based on the means testing, which never should have been included in the first place. Biden caved to the Right and then the challenged it anyway, using their own demand as the wedge to overturn the whole thing
Which is why Ginni Thomas leaked it.Which is why it was leaked.
The U.S. Supreme Court on Monday declined to hear a disbarred environmental lawyer's challenge to his criminal contempt conviction after he earlier won but was unable to collect a $9.5 billion judgment against Chevron Corp (CVX.N) over oil pollution in Ecuadorian rainforests.
Donziger was sentenced to six months in jail in 2021 after U.S. District Judge Loretta Preska in Manhattan found him guilty of misdemeanor contempt for defying court orders arising from a lawsuit filed by Chevron.
Chevron then sued Donziger and others in New York, arguing that he and his associates had secured the judgment through fraud by arranging the ghostwriting of a key environmental report and bribing the presiding judge.
In 2014, Kaplan concluded in that case that the Ecuadorian judgment against Chevron in Ecuador was obtained fraudulently through a corrupt process, rendering it unenforceable in the United States.
Theodore Boutrous, a lawyer for Chevron, on Monday noted that an appeals court later upheld Kaplan, finding that Donziger engaged in a "parade of corrupt actions" that included coercion, fraud and bribery.
When Chevron suspected Donziger was violating a related ban on trying to monetize or profit from the judgment, Kaplan ordered him to turn over electronic devices and email accounts for examination.
Donziger refused, and Kaplan ultimately charged him with criminal contempt. After federal prosecutors in Manhattan declined to take the case, Kaplan in an unusual move tapped a private lawyer, Rita Glavin, to lead the prosecution of Donziger.
How the Environmental Lawyer Who Won a Massive Judgment Against Chevron Lost Everything.Reuters - U.S. Supreme Court lets Chevron foe Donziger's contempt conviction stand
He was tried and convicted and disbarred. Just because you're anti-corporate or had a sympathetic cause doesn't mean that you can commit crimes in that pursuit as a lawyer.
This appeal to SCOTUS wasn't about Chevron, it was about whether the private lawyer appointed to prosecute was a valid appointment or not.
Reuters - U.S. Supreme Court lets Chevron foe Donziger's contempt conviction stand
He was tried and convicted and disbarred. Just because you're anti-corporate or had a sympathetic cause doesn't mean that you can commit crimes in that pursuit as a lawyer.
This appeal to SCOTUS wasn't about Chevron, it was about whether the private lawyer appointed to prosecute was a valid appointment or not.
While there is plenty of compelling evidence that Donziger engaged in some pretty shady stuff in this case, the way that the judge, Kaplan, acted raises serious rule of law and constitutional issues. Gorsuch is usually horrible, but his dissent has very strong reasoning to it. Constitutionally, the sole power to prosecute crimes resides in the executive branch and the the power to hear and decide those charges rests with the judiciary. Normally, conviction with a federal crime required agreement between two branches, the executive and the judiciary. Here, the US Attorney's office declined to prosecute, so the judge appointed a private law firm with connections to Chevron to prosecute the case and then assigned it to a friend, rather than allowing random assignment as in the normal course. All of that appoints to a reasonable apprehension of bias.How the Environmental Lawyer Who Won a Massive Judgment Against Chevron Lost Everything.
Please rethink that narrative.