Supreme Court strikes down Biden’s student loan forgiveness program



In a 6-3 decision, SCOTUS ruled that the Department of Education exceeded its authority when it moved to eliminate more than $400 billion in federal student loan debt. SUBSCRIBE to ABC News on YouTube: https://bit.ly/2vZb6yP Latest Updates: http://abcnews.go.com/ Watch FULL EPISODES on Hulu: http://abcn.ws/3bzvQQn #studentloans #biden #supremecourt #scotus #studentloandebt #studentloanforgiveness #abcnews

Original source (ABC/Youtube)

48 comments

  1. THE MOST CORRUPT SYSTEM OF DEMOCRACY IN THE WORLD. THE MOST CORRUPT LEGAL SYSTEM IN THE WORLD .

  2. Why are the loans of students who received technical degrees like automotive repair, plumbing or electrical repair not give the same loan forgiveness as these other students? Those degrees are far more valuable than a gender studies graduate. Why didn't Biden ask the colleges like Harvard and Yale to use their billion dollar endowment funds to dismiss their students debt? The total amount currently being held by 678 colleges in endowment assets is estimated at $807 BILLION dollars. Since 1980, the cost of attending a 4 year college has jumped 180%, or 5x the inflation rate over the same period.

  3. How about the people who paid for their education and paid their debt back? How about the parents that saved and paid for their children education. Should they get all of their money back.

  4. While attending AZ State University I worked in airport security screening, I took student loans to pay, nonetheless, when TSA took over airport security screening I was turned down for an opportunity because of student loan debt of over 5k. My respect to the supreme court for not allowing student loan debt forgiveness

  5. They should never have been even a thought yeah make hard working Americans pay the bill for something they signed and promise to repay. Biden really is a scumbag. Worst president in history of the world in my opinion

  6. The heart of Chuck Feeney is rare. For a Billionaire who has more money than they can spend in several live times that he would help a nation with the generosity of time, energy & financially aid in education. Although his choice was Ireland he elevated their college effectiveness and helped that nation as a whole. I am so happy to see that in humanity.

  7. What about the hard-working Americans if youโ€™re not gonna pay all the bills off as well and we donโ€™t need to be paying nobody else has bills or giving her money to anybody.

  8. Wonder which Court members are in The Pilgrims Society, and which Court members get orders from Pilgrims Society members at the Cosmos Club. All royalist influence.

  9. Corrupt attempt to win votes.

  10. The problem is today people think college is for anyone. Back in the day people knew College wasn't for everyone. Because of how demanding and time-consuming it is or because how expensive it is not to mention it was actually hard to get in college back in the day because it actually went off of your education and if you weren't smart enough you weren't accepted that's not the case today they want stupid people they don't care about how smart or dumb you are and they could care less if you are poor. People who are going to college today are uneducated idiots they are meaningless they aren't getting a meaningful degree or learning anything that is contributing to society and they don't have an education and they aren't getting one why in the hell would taxpayers pay debt off of idiots going to college who don't deserve to be there in the first place! It's crazy how our most uneducated and lazy part of the populace is so entitled and demanding! This is why no one supports the left anymore and everyone is moving far away from it! I say let them pass it and let them see how many citizens refuse to pay taxes anymore.

  11. Free college loan.,. ๐ŸคซGlad it was turned down. How can you appreciate something you didn't earn? Not to mention, paying someone's debt. The public would be paying somebody's debt. College lesson… Nothing in life is free.

  12. โ€œPeople think that the President of the United States has the power for debt forgiveness. He does not. He can postpone. He can delay. But he does not have that power. That has to be an act of Congress.โ€

    – Nancy Pelosi

    So, why didn't Democrats do that for all of you when they had complete power in Congress? LOL, you're not "victims" of the GOP — you've been HAD by your own party. ๐Ÿ˜†๐Ÿ˜†๐Ÿ˜†

  13. If you borrow money then means pay back what you borrow! There is no โ€œ free money or forgiveness.โ€

  14. The bible says it's just as hard for a rich man to go to heaven as it is to put a camel through the eye of a needle. All of these rich white men, responsible for millions of students living in their cars, and dropping out of college due to financial hardships, voting against an affordable education, a living wage, and affordable housing, and healthcare, while their salaries are being payed by starving college students debt. They are all for sure going to hell. Maybe when there's another health crisis, and they can't get a doctor, or nurse, because everyone stopped going to college because it's not even worth it anymore, maybe then people will start to rethink their voting choices…when they finally see their poor choices played out, and it affects their healthcare service.

  15. Remember, Congress can impose term limits.Congress can force a code of ethics. They arent all powerful. Just some Trumpers in a robe spouting the same lunatic nonsense. Crazy doesn't equal factual.

  16. Beware SCOTUS, they have become as Conservatively Puppet mastered as the House Of Representatives. MAGA is trying to destroy what makes this country beautiful.

  17. The courts purpose is to further Donald Trump's legacy and destroy America's values. Make no mistake, America is under heavy CONSERVATIVE attack by this mockery of a court. This year has been a year of "radical rulings "

  18. It's the fourth of July Independence Day helloworld steps on my civil rights and my human rights and my constitutional rights Independence Day is a joke Independence for who not a white woman

  19. Banks just don't like the word FORGIVENESS, especially when it gets too close to words like LOAN and DEPT.

  20. I owe 30k but I agree. Fk these handouts man… Inflation is real…

  21. Thank God, Donald Trump and Mitch McConnel for the amazing court we have! Affirmative Action and the student loan forgiveness programs were wholly totally and completely unfair and un American. Universities are trying to make themselves a nice little stet up. Get the Government to pay for all of the tuition, admit whomever the hell they want to (regardless of fairness except to blacks), and they will be sitting like a bunch of fat rats.

  22. I made a monthly payment for 10 years to to repay my student loan. It never occurred me not to repay it. My dad taught me donโ€™t borrow money if you canโ€™t pay it back

  23. WE KEEP WINNING MAGA 2024 ๐Ÿ‡บ๐Ÿ‡ธ

  24. SCOTUS cut the balls off Trump and they need to cut the balls off this left wing extremist Biden. I don't want to pay for these young graduates that don't want to get jobs and want to live in mommy's basement. Get to work you lazy bastards and pay off the debt that you agreed to.

  25. The responsible thing to do is pay your debts! No one else got free college. Minimum wage workers shouldn't have to pay taxes to fund your college! Perhaps they would have went if they had thought it was FREE!.

  26. i told my friends years ago, "get ready for time travel"๐Ÿ˜‚

  27. Supreme Court is a JOKE

  28. I paid my student loans back. It took me 10 years but it got paid back. Why should this generation be treated any better then the last couple hundred years? Just because The Washington DC King ๐Ÿคด Gums a Flapping Joe Biden says so. BS every time he opens his Democratic mouth he takes a Crap ๐Ÿ’ฉ in it. Maybe had he listened to Trump about paying loans back he would not need to look ๐Ÿ‘€ so stupid. To those who took the loan out ~ pay ๐Ÿ’ฐ the loan back. Grow ๐Ÿ†™

  29. YOU take out a loan, YOU pay it back. Thank you U.S. Supreme Court for upholding the Constitution of the United States!

  30. Let those evil bastards burn. They wanted the favoritism from the government, giving them money for college, and helping them with loans so they didn't have to wait decades of saving up money just to cover an associates degree by age 40 like they were supposed to do. Its the price for favoritism. The United States government is the epitamy of evil to have this kind of favoritism to help some citizens with college loans and grants but not let other genius level IQ citizens get ant government hand outs. These lowlife students wanted to cheat and take the favoritism instead of the blood sweat and tears working at a place of employment to EARN their college money, now its time to pay the piper for taking the easy way out. They didn't earn their college now they need to pay. Otherwise the government owes a lot of reimbursement to those honest citizens that EARNED their college money saving it out of their paychecks, sacrificing luxuries in life until they were in their 40s on top of living expenses to pay for just an associates degree from a community college. Biden is once again trying to sabotage the us economy. With all this debt these people owe, if that doesn't get paid by those what they owe, especially when it is extremely immoral for them to get college help as the result of favoritism and non equal opportunity, Americas economy deserves to get destroyed. Favoritism is EVIL, and the US governments so=called student loan program operates under evil favoritism and discrimination, failing to help every American citizen get their education. There are citizens with genius lever
    l IQs that went to waste because of the United States educational system financially blocking access to higher education. Death to America and good riddance to it when its economy gets destroyed by not only giving people favoritism with college help they did not deserve to get as long as other citizens that needed it were denied and told they had to work to earn it, but to even think of letting them not pay it back? If they did that, then anyone who had to work to earn their college money needs to then SUE the US government for reimbursement of their college money they already paid.

  31. These universities take advantage of easy to get debt donโ€™t fall for it.

  32. We spent trillions giving away tax cuts for the rich. We have a youth in Bankruptcy that can not pay back so much debt because of absurd tuition costs. We have also a youth that does not want to educate themselves because they see no point in getting into so much trouble. So, America is doomed to buy from China, because the rich conservative want it this way. Dont give me that BS that you want to make this great again when you don't care to create a productive youth. America is doomed in drugs and guns!

  33. Debt is incurred by the borrower! There should never be debt forgiveness unless under certain conditions ie school goes bankrupt/closes, criminal activity, or any other unforseeable circumstances! NOT BECAUSE THEY DON'T WANT TO PAY!!! Biden used our tax dollars to buy votes and these kids bought into his BS!! Now he is using it again for the 2024 election??? SCOTUS did the right thing! If you have debt either get a job or don't take out a loan you can't or have no intention of paying back!! Basic economics??? Most of the kids entering or graduating college either fail or get out with a subpar GPA, maybe that should be addressed? Having a 300,000 piece of paper does not help you if you have a gpa of 1.5?

  34. WHAT WAS ESTABLISHED PRECEDENT? THEY WERE UNDER OATH, SAID ONE THING DID THE OPPOSITE, PERJURY? CONSTITUTION DID NOT INCLUDE SLAVES AT WRITING, QUOTED A FOREIGN COUNTRY LAW, DOESN'T APPLY TO AMERICAN LAW. BENDING OVER BACKWARDS TO EXPLAIN THEIR BIGOTRY AND ALLIEGENCE TO THE FEDERALIST SOCIETY. SHAME!

  35. Egg on Biden's face after he was so smug and basically took a victory lap about this last year. It was a political ploy used to buy up votes before the midterms. It was never going to go through, even Biden himself said he didn't have the authority back in 2021. Biden played on the hopes and emotions of young voters to get them out for the midterms knowing this was all a big lie.

  36. . . . FOR THOUGH THEY WERE BURNING AND SHINING LIGHTS IN THEIR TIME , YET THEY PENETRATED NOT INTO THE WHOLE COUNSEL OF " GOD , " —— BUT WERE THEY NOW LIVING , WOULD BE AS WILLING TO EMBRACE FURTHER LIGHT AS THAT WHICH THEY FIRST RECEIVED . . .

  37. No one forgave my student loan…i had to pay every cent back to sallie mae… FU pay back your own loan! Liberals trying to buy more votes!!

  38. Students used their money to buy videogames or useless stuff!! It'time for then to come back ti reality or…Let's stop paying all debts then ๐ŸŽ‰

  39. This country is a garbage dump with no future.

  40. this our brain dead president , he claims the students during covid got cheated on their education ! so instead of making the schools give them their money back he pays the schools 400 billion dollars of tax payer money !

  41. Can Supreme Court do something about Illinois and JB Pritzker being the abortion capital of the world?

  42. Biden trying to send out gifts to buy votes in an election year. It failed because this trick is unethical but he's so corrupt he just plunges into it and blames others.

  43. Fucking worst court we have ever had

  44. Time to start tracking the supreme courts planes and make sure they never have a steak dinner in peace ever again