Johnson Supports SCOTUS Ruling on Student Debt Forgiveness
Washington, D.C. – Today, U.S. Representative Dusty Johnson (R-S.D.) issued the following statement responding to the Supreme Court’s Biden v. Nebraska decision, ruling President Biden’s plan to forgive $500 billion of student debt is unconstitutional:
“Forgiving tens of thousands of dollars in debt for those who haven’t made payments in years is insulting to the millions of Americans who have paid back every penny they borrowed,” said Johnson. “The cost of this debt forgiveness would be a baffling $500 billion or more. Our national debt is skyrocketing, and a policy like President Biden’s would only make it worse.”
Johnson has been opposed to the Administration’s policy to cancel student debt since it was announced. He has supported bills such as the Can’t Cancel Your Own Debt Act and the Stop Reckless Student Loan Actions Act. In May, he voted to restart student debt payments.
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It makes sense that forgiveness wouldn’t be available to everyone.
But if you studied in a field, say enterprise IT, then the government created circumstances such that the jobs were offshore outsourced (H1B), that’s bad faith and should be looked at more carefully and selectively.
Or, if the university you attended spied on you to create a “cradle to grave” experiment without your knowledge or consent, lawsuits should be filed and the results put toward student loan debt (it’s a shame the US justice/legal system is not accessible to the people who are suffering financially from these two factors).
Sometimes in politics you have to take what you can get. 20k forgiveness carpet boomba approach would have achieved some justice for some graduates (graduation should be a prerequisite).
Lastly, I’d like to take a moment to lament the embarrassing sissies who cried, “I’m not paying for this!” Much like food stamps, the amount you’re paying is minuscule, and would be far less without the underground unaccounted clandestine three letter budgets gobbling up your federal income taxes. Get your priorities straight. Young people and students are the future, and war SUCKS.
The thinking behind the current DOD tactics is the same thinking that hobbled Patton and got so many US soldiers uselessly killed, exacerbating a problem we’re still dealing with today.
Patton for President!
There. That PROVES I’m not a bigot against .. you know.
If student loans could be discharged in bankruptcy with the debt being eaten by the college which produced unemployable graduates, they might be more selective in their admissions and lending standards..Just a thought
Can you imagine an automobile dealership selling cars on credit at no risk to themselves?
Dear Dusty – This is very insightful.
The game has been rigged in favor of student loan lenders’ big government sugar daddies.
They should share more of the risk!!!
GREAT COMMENT.
Apparently the Biden administration has a work around in case the Supteme Court decision came down this way. Of course.
Yep, and I hope he executes it. Reduce the min payment to $25 and put the interest at 0.
A couple trillion in loans forgiven for their rich friends and donors…no problem. 500 billion for the middle class…no thanks.
Dang, should’ve gotten a PPP loan to pay off my student loans.
You would have needed to operate a cash flowing business, first.
https://i.redd.it/zcnr27t8q69b1.png
Trump gave the likes of Kanye West and Tom Brady millions in ppp loans that were forgiven. Tom bought a 900k yacht with it. Give 20k to a citizen for their education and it’s all of a sudden socialism. When are people going to open their eyes to the republican party?
Typical lib…BUT BUT BUT TRUMP! President Trump didn’t give anyone shit. The President can’t authorize spending programs only Congress can. Ever heard of “the power of the purse?”
Trump signed the PPP into existence. He could’ve vetoed it. If he didn’t want the brand of hypocrite he could’ve kept this big mouth shut.
Democrats support the poor and middle class. Republicans support the wealthy. Anyway you try to spin it, republicans had no problem approving trillions in relief for the wealthy while denying the middle class a fraction of that relief. I understand why Republicans want to keep their supporters poor and stupid. It makes them easier to control. On the other hand, Republicans gave 450k in forgiven ppp loans to oceangate and we got rid of a few billionaires. Money well spent.
“On the other hand, Republicans gave 450k in forgiven ppp loans to oceangate and we got rid of a few billionaires. Money well spent.”
Behold the thought processes of the liberals. Wishing death upon those that don’t hold their political beliefs and celebrating when it happens…so very typical.
I guess you didn’t see all the memes being shared by Republicans asking Biden to go see the titanic. They have been flooding my page since it happened.
Maybe that should give you pause as to where you are spending your time?
I’m not wishing, just laughing because Republicans helped fund their demise by supporting their efforts to not listen to the science. It’s pretty fitting for Republicans. Much like how many died due to covid and we now have the Herman Cain award. Uneducated and unwilling to acknowledge science…that is the modern republican voter.
Doesn’t anyone understand our government anymore? You are comparing legislation passed through congress to an executive order. Not the same nor should they be.
Republicans denied relief to many American citizens who are struggling while supporting handouts to the wealthy who just increased their net worth and bought yachts, performed stock buybacks, and increased the income divide. I could care less how they did it because their position doesn’t change either way.
you and your inconvenient truths. don’t stop now lol.
Republicans want to make the payments come back and many will default creating an even worse economy so they can blame it on Biden. The 1% get bigger and bigger while the middle class continues to get poorer. This country is going to get real interesting if Republicans continue down this path.
I don’t think there is a one size fits all solution.
Once clear and obvious area of concern is the H1B and tech grads.
agreed.
Like Tom Brady and Kanye West, John Dale wants his personal needs fulfilled by a government forgivable loan. The solution to the College Loan dilemma is clear…don’t allow poor children to go to college. Period. College should be for students whose families can prove they can afford that 4 year sojourn.
that won’t happen, americans will borrow like we’ve been trained to. what will happen is that school loans at some point will outpace chronic catastrophic illness in the ability to rack up decades worth of debt relatively quickly.
Ooooor we could invest in those that have the best abilities, regardless of their social class, like a true meritocracy.
it already happens in the military and work-requirement tuition programs. having boards vet lists of top students, to decide who’ll have the faerie-dust sprinkled on them, simply creates new avenues for subtle corruption and favoritism bent toward the already-wealthy, which is always the basic problem being addressed in higher education – i.e. access to it.
Our Supreme Court has taken the first necessary steps to put the brakes on this slide to national impoverishment. If our Court can stop or slow the enrollment of low income minorities to college and mandate Congressional action to override Executive Orders on Student Loans, we can begin to control of this destructive funding.
Stopping low income minorities from going to college is a goal of yours? I think you missed a Klan meeting Terry.
What is our Supreme Court doing if not curtailing the enrollment of minority students in college? You can’t accuse Justice Thomas of being a Klan member. He doesn’t qualify.