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☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 3 years ago

$15.7 Billion per month will be removed from US economy as student loan payments resume in October

www.cnbc.com

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$15.7 Billion per month will be removed from US economy as student loan payments resume in October

www.cnbc.com

☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 3 years ago
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It's official: Student loan payments will restart in October, Education Department says
www.cnbc.com
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The U.S. Department of Education says student loan payments "will be due starting in October." Interest on their debt will begin accruing even sooner.
  • ImFresh3x@sh.itjust.works
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    3 years ago

    What are you talking about? Do you know anything at all about US politics and government? We don’t have a king here. The current president (A democrat named Joe Biden, btw) issued an executive order which forgave student debt. Republicans fought tooth and nail to make sure payments would resume, and took it to the Supreme Court. Based on the oral arguments made by the Supreme Court judges thus far, Republican appointed judges are expected to vote to overturn the Biden debt relief program.

    https://en.wikipedia.org/wiki/Biden_v._Nebraska

    https://www.scotusblog.com/2023/02/bidens-student-loan-forgiveness-plan-gets-cold-reception-from-conservative-justices/

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOPM
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      3 years ago

      Do you know anything about US politics and government? https://en.wikipedia.org/wiki/Executive_order

      • ImFresh3x@sh.itjust.works
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        3 years ago

        Can you even read?

        • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOPM
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          3 years ago

          One of us can’t evidently.

          • ImFresh3x@sh.itjust.works
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            3 years ago

            Yes it’s you. Biden made an executive order to forgive student loans. The Supreme Court is overturning that order.

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