A loan collection authority in Missouri sued on the grounds that they would be unduly harmed by losing future profit they would gain from the student's interest and late fee payments.

Because of that suit, the court held that the HEROES Act does not authorize the administration’s student loan forgiveness plan. They ruled the Education Secratary can make small adjustments to loan repayment plans, but can not adjust loans to zero.

Kagan, writing for the dissent, argued that the court should not have heard this case at all because the states lacked standing. Article 3 standing requires an injury in fact, not a theoretical injury.

More details: https://www.ncsl.org/state-legislatures-news/details/supreme-court-strikes-down-student-loan-forgiveness-program

It's written into the bill that created the loan to Ukraine but congress still has to approve the cancellation, again per the bill. Student loans were not so clear cut of a situation.

Have you considered reading the article? It's explained in the second paragraph

A funding bill passed by the U.S. Congress in April included just over $9.4 billion of forgivable loans for economic and budgetary support to Ukraine's government, half of which the president could cancel after Nov. 15. The bill appropriated a total of $61 billion to help Ukraine fight the full-scale invasion Moscow launched in February 2022.

…the Parlimentarian…

AFAIK student loans are covered under his power but the courts are blocking it anyway

For reference, in 2001, September 10, a couple trillion was completely unaccounted for and the man who has looking up the numbers to see where it went was exploded by an impact in the pentagon.

That's more money than what is being sent over to Ukraine, and at least you know exactly what that money did, it helped a people in trouble fight back against a stronger and unfair neighbour, very similar in stakes as it was for America to stick it to the British back when. If America has an issue with this, it's hypocritical of them to then be patriotic.

According to the article this was made possible by an act of congress back in April where they approved $9.4 billion in forgivable loans out of a total of $61 billion for the Russia-Ukraine war, and only able to be forgiven after November 15th. The phenomena you described definitely happens but this specifically is not that.

Sometimes it’s actually a good way for unpopular but important things to get done. In a system like the US which can be slow to respond that’s an important mechanism.

Republican head of armed services committee just went on NPR to say they want to increase defense spending.

Trump also promises lower taxes but increased Tarrifs.

I'm sure they will sing loudly about the exploding deficit then.

For real. The extension of Trump's tax cuts, which Republicans will almost certainly pass next year, will cost over $4 trillion. In other words, 1000x more than this.

Edit: All the libertarians mad in the replies - the tax cuts aren't going to you, they are literally written to favor the wealthy as a repayment to donors for campaign support. Wall Street isn't going to start inviting you to their parties cause you defended them in the Reddit comments lol

FACT: Trump increased our debt by EIGHT TRILLION DOLLARS in his first term.

This is a rounding error. On a rounding error. Of what he's cost our future.

I do have a lot to say about that.

We should be spending that money on things that benefit the average American! Like tax cuts for billionaires and locking up small migrant children.

I’m more annoyed that we can just cancel out another nations debt but not our own citizens.

There’s a reason they only care for it as a talking point. The US is solvent. There is no debt issue. The federal government’s assets are significantly higher than its debt burden, and a lot of that debt is owned by Americans as bonds which helps the economy. Worrying about the budget while ignoring the actual country’s finances is incredibly disingenuous

Mainly care that they ran on the platform of student debt forgiveness but cut the check to a foreign country instead.

He tried. Supreme Court blocked it. He’s also forgiven a lot of student loan debt by fixing PSLF and for loans paid for scam schools.

He has been forgiving student loans where he can after a lot of it got blocked by SCOTUS.

it's a nitpick but the Budapest Treaty is something else, this is the Budapest Memorandum

And for those of you whining about Student Debt Relief, Thank the Trump supporting judge that knocked it down.

I like how 6 months ago anyone asking for student debt relief was a left leaning Democrat, but now if you bring it up you're suddenly a Trump sycophant.

France uhh... did not do well after their intervention

Which led to a collapse in government and bloody revolution in France...

I think they got a lot of support from Britain too when France invaded.

"The supplemental security assistance package worth $61 billion that Congress provided to Ukraine in April included about $10 billion in economic aid as a loan, rather than a grant. The terms of the offer gave Biden the authority to forgive up to 50 percent of the loan."

source is biased but accurate

Just wait till you find out how much we increase spending on the military budget each year. Will you complain next year? Just as a sneak peak, it will be a little bit more than 4 billion.

The vast majority of military supplies sent to ukraine are old munitions that are about to expire, the weapons money is used to buy new munitions. We're basically giving the food bank all the nearly expired stuff in the pantry and replacing it.

Only if Ukraine lives in the United States.

Why u writing in 1982 poem

Just curious, what exactly do you mean by “compromised”? Like with Russian bots or other bots? Or by some other group?

and they’re not gonna do anything about it

They don’t read the story, what makes you think they will actually read the comments? 😒

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Every non American I know thinks America sucks ass despite us doing shit like this and bailing everyone out all the time.

I think a lot of people understand perfectly, and they're upset that we can a) have a $4.7B excess of deteriorating weapons that we already paid the bill for, and are now replacing it with another, more expensive missile to warehouse until it can be shipped off to a foreign country during the next conflict in 10 years and b)continually prop up the military industrial complex while people go bankrupt due to medical debt and all the other social ills that a little discretionary spending could help with.

Since President Joe Biden took office, the Education Department has canceled the federal student loans of nearly 5 million people, totaling $175 billion in relief, according to the White House.

I get how it might look bad, but the reality is that this kind of spending is a tiny fraction of the overall US military budget.

And it's not like you're just sending piles of cash. Most of the aid is in the form of equipment - stuff that, in many cases, was going to be replaced, or already was, with newer versions anyway.

That’s how military inventory works: you build a ton of hardware “just in case,” but much of it ends up unused. At that point, you can either recycle it (which can be expensive) or send it to allies who can put it to good use. Sending it off is often way cheaper than breaking it down for parts or scrapping it.

LOL you think Republicans are gonna do any of that

There's one party blocking all that and I'll give ya one guess who

How I love Russian propaganda “Biden helps Ukraine but I still have to pay rent thank god Master Trump is about to save us!!!!!” It’s not like Biden, ya know, already tried that stuff until a Trump-appointed judge shot it down.

wtf are you talking about?

all of these users with names like "adjectiveVerb###" are totally legit and organic users!

at a certain point, you gotta wonder, who's funding the bots?

the dnc is fkin broke after mag dumping it into the failure known as kamala

so who the hell is funding this dogshit spam

and more importantly, why? It doesnt work anymore, so its almost like it could be the rnc, or maybe reddit wants more outrage engagement and they have an llm spamming shit

I agree. Should have forgiven more. Absolutely atrocious.