The president is pardoning people convicted on marijuana charges on federal lands and in D.C., and granting clemency to 11 people serving "disproportionately long" sentences.
I think the HEROES act was designed to allow time for the Republicans to wreck it before it took effect. If he had signed an immediate debt forgiveness, it would have been a very hard thing to un-forgive.
I think the HEROES act was designed to allow time for the Republicans to wreck it before it took effect.
100% agree, I even think the IDR stuff that was done was the only thing that was supposed to happen because how easily it can be undone by future admins.
If he had signed an immediate debt forgiveness, it would have been a very hard thing to un-forgive.
That's what I thought too, until I learned about all the steps along the way it takes to happen because of all the private companies involved. For example, a lot of the students that are having their debt forgiven as part of the ITT lawsuit have been waiting for over a year now. They'll get it eventually, but that's a lot of time for something much more controversial. Maybe he would've gotten away with it he had done it first, but I firmly believe it's just impossible now. The precedent is set for lawsuits to grind the process to a halt indefinitely, I think.
As for the loan servicers, the government would perhaps have to give them a payout on account of whatever contracts were signed., but they wouldn’t be in a position to sue the government to unforgive the debts.
Even if he did, he'd probably just let the ensuing lawsuits prevent it from happening.
I think the HEROES act was designed to allow time for the Republicans to wreck it before it took effect. If he had signed an immediate debt forgiveness, it would have been a very hard thing to un-forgive.
100% agree, I even think the IDR stuff that was done was the only thing that was supposed to happen because how easily it can be undone by future admins.
That's what I thought too, until I learned about all the steps along the way it takes to happen because of all the private companies involved. For example, a lot of the students that are having their debt forgiven as part of the ITT lawsuit have been waiting for over a year now. They'll get it eventually, but that's a lot of time for something much more controversial. Maybe he would've gotten away with it he had done it first, but I firmly believe it's just impossible now. The precedent is set for lawsuits to grind the process to a halt indefinitely, I think.
As for the loan servicers, the government would perhaps have to give them a payout on account of whatever contracts were signed., but they wouldn’t be in a position to sue the government to unforgive the debts.
That's what a rational person would think, sure.