Supreme Court deals a blow to Gen Z’s culture of entitlement
The U.S Supreme Court handed President Joe Biden a painful defeat on Friday, blocking his plan to cancel $430 billion US in student loan debt.
Horray.
The high court found no justification for such a lofty proposal under the Higher Education Relief Opportunities for Students Act, saying it would effectively “rewrite” the law to authorize far more than the modest “waivers and modifications” it describes.
The whole thing was nothing more than a lie of promising money to buy the votes of the foolish.
Higher education certainly needs to be more cost-effective than it is right now, larded up as it is with extravagant spending and worthless majors.
No one forced anyone to sign up for and get those “worthless majors”.
That fault like SOLELY on those whom decided to get them… and the universities of taking advantage and offering them when they knew they was no future in them.
The sheer sense of entitlement (of Generation Z which is) notoriously struggles with financial literacy and responsibility…
Welcome to the real world. You took our loans on the condition YOU (not anyone else) pay them back.
Biden’s (scheme tried to) fulfilled his 2020 campaign promise to cancel a portion of $1.6 trillion in federal student loan debt but was criticized by Republicans who called it an overreach of his authority and an unfair benefit to college-educated borrowers while other borrowers received no such relief.
But a huge relief for those who PAID of their debts, and for those whom NEVER had those debts.
During February arguments in the loans case, Biden’s administration said the plan was authorized under a 2003 federal law called the Higher Education Relief Opportunities for Students Act, or HEROES Act, which empowers the U.S. education secretary to “waive or modify” student financial assistance during war or national emergencies.
Well, the US is NOT at war. And there is no national emergency either. This was simply the DEMons bribing young woke voters on the promise they could never fulfill under the rule of law.
.
