The headline seems a bit misleading. They’re just moving the lawsuit to another venue. States are arguing that forgiving student loans will affect taxes which is bologna because student loans have nothing to do with taxes.
I mean, freeing up money from the payments I could see having the effect if allowing states to bring in more from sales taxes for stuff that folks could then afford to buy, or property taxes maybe for better housing.
It’s completely misleading, to me. As someone with a laughably high student loan balance, my livelihood depends on the outcome of these disingenuous court cases. When I saw this headline, my heart skipped a beat with excitement. But nope, this will only be resolved when there is a final judicial ruling (probably from the Supreme Court, eventually), and this was not that.
What’s the process for if the new venue doesn’t issue a stay, but the final outcome is that they strike down the relief? (I’m really asking.) My payments start back up, and then a month later they double or triple based on the outcome of the case? I just assumed the new venue would stay the relief from going into effect before making a ruling, but you’ve made me nervous.
The headline seems a bit misleading. They’re just moving the lawsuit to another venue. States are arguing that forgiving student loans will affect taxes which is bologna because student loans have nothing to do with taxes.
I mean, freeing up money from the payments I could see having the effect if allowing states to bring in more from sales taxes for stuff that folks could then afford to buy, or property taxes maybe for better housing.
It’s completely misleading, to me. As someone with a laughably high student loan balance, my livelihood depends on the outcome of these disingenuous court cases. When I saw this headline, my heart skipped a beat with excitement. But nope, this will only be resolved when there is a final judicial ruling (probably from the Supreme Court, eventually), and this was not that.
It’s both. The case is being transferred and the program can go into effect (unless the new venue issues a TRO).
What’s the process for if the new venue doesn’t issue a stay, but the final outcome is that they strike down the relief? (I’m really asking.) My payments start back up, and then a month later they double or triple based on the outcome of the case? I just assumed the new venue would stay the relief from going into effect before making a ruling, but you’ve made me nervous.