Both Sides: Why we don't fuck with the GOP

HeathCliff

Rising Star
BGOL Investor

This shit makes me madder than a mothafucka and I ain't even from Louisianna :angry:
I wonder why people never bring up the land grant funds owed to HBCUs when talking about reparations?

This live too. Thanks
Because them stupid mothafukas are too stuck on snappy phrases like "cut the check", "tangibles" and parroting surface level talking points from twitter.
 

durham

Rising Star
Platinum Member

What's the worth if a US passport if other countries don't value the document because the US has gone to shit.

Bitch shut up with all the leave talk and get to work on your family. It's not that much work to make sure that everyone In your immediate family over 18 votes, especially the young ones. Their little asses be bullshitting on those votes.

You want to move, listen to Charles Blow and move to a State to get the Black population over 51% to get two Senators like the damn Mormons and the Nazis in Idaho.
 

Politic Negro

Rising Star
BGOL Investor



GJyvf4AWAAAeb59
 

DC_Dude

Rising Star
BGOL Investor

Republican states file lawsuit challenging Biden’s student loan repayment plan​

Kansas Attorney General Kris Kobach announces during a news conference that he and the attorneys general of 10 other states are suing the Biden administration over its new student loan repayment plan, Thursday, March 28, 2024, at the Statehouse in Topeka, Kan. The lawsuit to block a new student loan repayment plan that provides a faster path to cancellation and lower monthly payments for millions of borrowers. (AP Photo/John Hanna)

TOPEKA, Kan. (AP) — A group of Republican-led states is suing the Biden administration to block a new student loan repayment plan that provides a faster path to cancellation and lower monthly payments for millions of borrowers.

In a federal lawsuit filed Thursday, 11 states led by Kansas argue that Biden overstepped his authority in creating the SAVE Plan, which was made available to borrowers last year and has already canceled loans for more than 150,000.

It argues that the new plan is no different from Biden’s first attempt at student loan cancellation, which the Supreme Court rejected last year. “Last time Defendants tried this the Supreme Court said that this action was illegal. Nothing since then has changed,” according to the lawsuit.

The Education Department declined to comment on the lawsuit but noted that Congress in 1993 gave the department the authority to define the terms of income-driven repayment plans.

“The Biden-Harris Administration won’t stop fighting to provide support and relief to borrowers across the country — no matter how many times Republican elected officials try to stop us,” the department said in a statement.

READ MORE
Biden announced the SAVE repayment plan in 2022, alongside a separate plan to cancel up to $20,000 in debt for more than 40 million Americans. The Supreme Court blocked the cancellation plan after Republican states sued, but the court didn’t examine SAVE, which was still being hashed out.

The new lawsuit was filed this same week the White House hosted a “day of action” to promote the SAVE Plan. The Biden administration says more than 7.7 million borrowers have enrolled in the plan, including more than 5 million who have had their monthly payments reduced to $100 or less because they have lower yearly incomes.

The challenge was filed electronically in federal court in Kansas by Kansas Attorney General Kris Kobach, who requested that any trial be in Wichita, the state’s largest city. The lawsuit asks a judge to halt the plan immediately. Along with Kansas, the suit is backed by Alabama, Alaska, Idaho, Iowa, Louisiana, Montana, Nebraska, South Carolina, Texas and Utah.

“In a completely brazen fashion, the president pressed ahead anyway,” Kobach said during a news conference at the Kansas Statehouse. “The law simply does not allow President Biden to do what he wants to do.”

Biden’s new repayment plan is a modified version of other income-based repayment plans that the Education Department has offered since the ’90s. The earliest versions were created by Congress to help struggling borrowers, capping payments at a portion of their income and canceling any remaining debt after 20 or 25 years.

FILE - President Joe Biden speaks on student loan debt forgiveness at the White House, Oct. 4, 2023, in Washington. A group of Republican-led states filed a federal lawsuit Thursday, March 28, 2024, suing the Biden administration to block a new student loan repayment plan that provides a faster path to cancellation and lower monthly payments for millions of borrowers. (AP Photo/Evan Vucci, File)


FILE - President Joe Biden speaks on student loan debt forgiveness at the White House, Oct. 4, 2023, in Washington. A group of Republican-led states filed a federal lawsuit Thursday, March 28, 2024, suing the Biden administration to block a new student loan repayment plan that provides a faster path to cancellation and lower monthly payments for millions of borrowers. (AP Photo/Evan Vucci, File)

FILE - People demonstrate outside the Supreme Court, June 30, 2023, in Washington. A group of Republican-led states filed a federal lawsuit Thursday, March 28, 2024, suing the Biden administration to block a new student loan repayment plan that provides a faster path to cancellation and lower monthly payments for millions of borrowers. (AP Photo/Jacquelyn Martin)


FILE - People demonstrate outside the Supreme Court, June 30, 2023, in Washington. A group of Republican-led states filed a federal lawsuit Thursday, March 28, 2024, suing the Biden administration to block a new student loan repayment plan that provides a faster path to cancellation and lower monthly payments for millions of borrowers. (AP Photo/Jacquelyn Martin)

The new plan offers more generous terms than ever, offering to reduce monthly payments for more borrowers and canceling loans in as little as 10 years. Unlike other plans, it prevents interest from snowballing as long as borrowers make their monthly payments.

The plan’s provisions are being phased in this year, and the quicker path to cancellation was originally scheduled to take effect later this summer. But the Biden administration accelerated that benefit and started canceling loans for some borrowers in February.

Biden said it was meant “to give more borrowers breathing room so they can get out from under the burden of student loan debt.”

Instead of creating a new plan from scratch, the Education Department amended existing plans through federal regulation. Supporters saw it as a legal maneuver that put the plan on firmer grounding, anticipating a challenge from Republicans.

But in the new lawsuit, Kobach argues that Biden needed to go through Congress to make such significant changes.

The states argue that Biden’s plan will harm them in many ways.

With such a generous repayment plan, fewer borrowers will have an incentive to go into public service and pursue the Public Service Loan Forgiveness program, the states argue. They predict more state employees will leave their jobs, and it will worsen public schools’ struggles to recruit and retain teachers.

They argue the plan will inject hundreds of billions of dollars in loan relief into the U.S. economy, which would require states to increase fraud protection efforts. The plan “will create enormous opportunities for fraudsters to exploit student debt borrowers that would not otherwise exist,” according to the suit.

If successful, it would effectively kill the last remnant of Biden’s first attempt at widespread student loan relief. After the Supreme Courtblocked his wider plan last year, Biden ordered the Education Department to craft a new plan using a different legal justification. The agency is now pursuing a more limited plan for mass cancellation.

___​

Binkley reported from Washington

___​

The Associated Press’ education coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP’s standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org.
 

easy_b

Look into my eyes you are getting sleepy!!!
BGOL Investor

Republican states file lawsuit challenging Biden’s student loan repayment plan​

Kansas Attorney General Kris Kobach announces during a news conference that he and the attorneys general of 10 other states are suing the Biden administration over its new student loan repayment plan, Thursday, March 28, 2024, at the Statehouse in Topeka, Kan. The lawsuit to block a new student loan repayment plan that provides a faster path to cancellation and lower monthly payments for millions of borrowers. (AP Photo/John Hanna)

TOPEKA, Kan. (AP) — A group of Republican-led states is suing the Biden administration to block a new student loan repayment plan that provides a faster path to cancellation and lower monthly payments for millions of borrowers.

In a federal lawsuit filed Thursday, 11 states led by Kansas argue that Biden overstepped his authority in creating the SAVE Plan, which was made available to borrowers last year and has already canceled loans for more than 150,000.

It argues that the new plan is no different from Biden’s first attempt at student loan cancellation, which the Supreme Court rejected last year. “Last time Defendants tried this the Supreme Court said that this action was illegal. Nothing since then has changed,” according to the lawsuit.

The Education Department declined to comment on the lawsuit but noted that Congress in 1993 gave the department the authority to define the terms of income-driven repayment plans.

“The Biden-Harris Administration won’t stop fighting to provide support and relief to borrowers across the country — no matter how many times Republican elected officials try to stop us,” the department said in a statement.

READ MORE
Biden announced the SAVE repayment plan in 2022, alongside a separate plan to cancel up to $20,000 in debt for more than 40 million Americans. The Supreme Court blocked the cancellation plan after Republican states sued, but the court didn’t examine SAVE, which was still being hashed out.

The new lawsuit was filed this same week the White House hosted a “day of action” to promote the SAVE Plan. The Biden administration says more than 7.7 million borrowers have enrolled in the plan, including more than 5 million who have had their monthly payments reduced to $100 or less because they have lower yearly incomes.

The challenge was filed electronically in federal court in Kansas by Kansas Attorney General Kris Kobach, who requested that any trial be in Wichita, the state’s largest city. The lawsuit asks a judge to halt the plan immediately. Along with Kansas, the suit is backed by Alabama, Alaska, Idaho, Iowa, Louisiana, Montana, Nebraska, South Carolina, Texas and Utah.

“In a completely brazen fashion, the president pressed ahead anyway,” Kobach said during a news conference at the Kansas Statehouse. “The law simply does not allow President Biden to do what he wants to do.”

Biden’s new repayment plan is a modified version of other income-based repayment plans that the Education Department has offered since the ’90s. The earliest versions were created by Congress to help struggling borrowers, capping payments at a portion of their income and canceling any remaining debt after 20 or 25 years.

FILE - President Joe Biden speaks on student loan debt forgiveness at the White House, Oct. 4, 2023, in Washington. A group of Republican-led states filed a federal lawsuit Thursday, March 28, 2024, suing the Biden administration to block a new student loan repayment plan that provides a faster path to cancellation and lower monthly payments for millions of borrowers. (AP Photo/Evan Vucci, File)


FILE - President Joe Biden speaks on student loan debt forgiveness at the White House, Oct. 4, 2023, in Washington. A group of Republican-led states filed a federal lawsuit Thursday, March 28, 2024, suing the Biden administration to block a new student loan repayment plan that provides a faster path to cancellation and lower monthly payments for millions of borrowers. (AP Photo/Evan Vucci, File)

FILE - People demonstrate outside the Supreme Court, June 30, 2023, in Washington. A group of Republican-led states filed a federal lawsuit Thursday, March 28, 2024, suing the Biden administration to block a new student loan repayment plan that provides a faster path to cancellation and lower monthly payments for millions of borrowers. (AP Photo/Jacquelyn Martin)


FILE - People demonstrate outside the Supreme Court, June 30, 2023, in Washington. A group of Republican-led states filed a federal lawsuit Thursday, March 28, 2024, suing the Biden administration to block a new student loan repayment plan that provides a faster path to cancellation and lower monthly payments for millions of borrowers. (AP Photo/Jacquelyn Martin)

The new plan offers more generous terms than ever, offering to reduce monthly payments for more borrowers and canceling loans in as little as 10 years. Unlike other plans, it prevents interest from snowballing as long as borrowers make their monthly payments.

The plan’s provisions are being phased in this year, and the quicker path to cancellation was originally scheduled to take effect later this summer. But the Biden administration accelerated that benefit and started canceling loans for some borrowers in February.

Biden said it was meant “to give more borrowers breathing room so they can get out from under the burden of student loan debt.”

Instead of creating a new plan from scratch, the Education Department amended existing plans through federal regulation. Supporters saw it as a legal maneuver that put the plan on firmer grounding, anticipating a challenge from Republicans.

But in the new lawsuit, Kobach argues that Biden needed to go through Congress to make such significant changes.

The states argue that Biden’s plan will harm them in many ways.

With such a generous repayment plan, fewer borrowers will have an incentive to go into public service and pursue the Public Service Loan Forgiveness program, the states argue. They predict more state employees will leave their jobs, and it will worsen public schools’ struggles to recruit and retain teachers.

They argue the plan will inject hundreds of billions of dollars in loan relief into the U.S. economy, which would require states to increase fraud protection efforts. The plan “will create enormous opportunities for fraudsters to exploit student debt borrowers that would not otherwise exist,” according to the suit.

If successful, it would effectively kill the last remnant of Biden’s first attempt at widespread student loan relief. After the Supreme Courtblocked his wider plan last year, Biden ordered the Education Department to craft a new plan using a different legal justification. The agency is now pursuing a more limited plan for mass cancellation.

___​

Binkley reported from Washington

___​

The Associated Press’ education coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP’s standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org.
These motherfuckers didn’t say shit about forgiven PPP loans, but when student loans is getting cleared out, they have a problem. This is why most young people do not fuck with the Republican party.
 
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