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Tesha

(21,141 posts)
Fri Jun 30, 2023, 03:57 PM Jun 2023

I am so confused, I need to understand this.

The court said no to the student loan forgiveness,
but the covid loans were forgiven.

Right?
Businesses walked away with, what? several million? Questionable loans to questionable 'businesses'.

https://www.pandemicoversight.gov/data-interactive-tools/data-stories/how-many-paycheck-protection-program-loans-have-been-forgiven

What is the difference?

Isn't loan forgiveness loan forgiveness?

Is there a legal difference that I'm missing?

18 replies = new reply since forum marked as read
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I am so confused, I need to understand this. (Original Post) Tesha Jun 2023 OP
Irony means nothing to Republicans. live love laugh Jun 2023 #1
The difference is inthewind21 Jun 2023 #2
The unpopular, but correct answer. Bonx Jun 2023 #5
Question is inthewind21 Jun 2023 #6
A Paul Simon quote Bonx Jun 2023 #7
People talking without speaking inthewind21 Jun 2023 #13
Exactly n/t SickOfTheOnePct Jun 2023 #10
The wording in the law passed by congress for PPP allowed total forgiveness... Beautiful Disaster Jun 2023 #3
As others point out, the PPP forgiveness was passed by Congress. Hope Biden can work something out. Silent Type Jun 2023 #4
No legal difference, just difference in Beneficiary. Caliman73 Jun 2023 #8
They are still running ads on TV for businesses to file for COVID relief. nt doc03 Jun 2023 #9
There is a legal difference SickOfTheOnePct Jun 2023 #12
So is DACA and that is still in effect. Caliman73 Jun 2023 #17
Not all executive orders are unconstitutional SickOfTheOnePct Jun 2023 #18
Really inthewind21 Jun 2023 #14
Yes I understand the Congress v Executive thing. Caliman73 Jun 2023 #15
The court said this forgiveness plan involved too much money... LAS14 Jun 2023 #11
I'm still working on white students need protection from discrimination but LGBTQ+ people don't. Midnight Writer Jun 2023 #16
 

inthewind21

(4,616 posts)
2. The difference is
Fri Jun 30, 2023, 04:00 PM
Jun 2023

COVID relief was a bill passed by congress. Student loan was an executive order.

 

inthewind21

(4,616 posts)
13. People talking without speaking
Fri Jun 30, 2023, 04:44 PM
Jun 2023

People hearing without listening. One of my favorites.


 

Beautiful Disaster

(667 posts)
3. The wording in the law passed by congress for PPP allowed total forgiveness...
Fri Jun 30, 2023, 04:04 PM
Jun 2023

No such thing exists with the student loan freeze.

 

Silent Type

(12,412 posts)
4. As others point out, the PPP forgiveness was passed by Congress. Hope Biden can work something out.
Fri Jun 30, 2023, 04:06 PM
Jun 2023

It's really disappointing that Congress is so split.

Biden is on right now, pushing the income driven loan repayment. It's a really good program until something else is done.

Caliman73

(11,767 posts)
8. No legal difference, just difference in Beneficiary.
Fri Jun 30, 2023, 04:21 PM
Jun 2023

Most people who take on student loans are middle class and working class people. A lot of the people who took out PPP Loans were rich owners of businesses.

There has ALWAYS been a preference for the Wealthy in terms of government largess.

Even people in government who were railing about "irresponsible borrowers" of student loans, like Greene were found to have had hundreds of thousands in PPP loans forgiven.

SickOfTheOnePct

(8,710 posts)
12. There is a legal difference
Fri Jun 30, 2023, 04:34 PM
Jun 2023

One was passed by Congress (PPP) and signed by the President.

The other was an Executive Order (student loan forgiveness) that never went through Congress.

It's literally a legal difference - the former is a law, the latter isn't.

Caliman73

(11,767 posts)
17. So is DACA and that is still in effect.
Fri Jun 30, 2023, 04:54 PM
Jun 2023

The executive has certain powers to enact policy through the various administrative agencies.

The SCOTUS ruling was bullshit, not based on anything except the Conservative justices' contempt for anyone except the wealthy.

SickOfTheOnePct

(8,710 posts)
18. Not all executive orders are unconstitutional
Fri Jun 30, 2023, 04:57 PM
Jun 2023

I happen to believe the ruling on student debt is the correct one, although I realize that's an unpopular opinion.

Caliman73

(11,767 posts)
15. Yes I understand the Congress v Executive thing.
Fri Jun 30, 2023, 04:52 PM
Jun 2023

The difference is still the beneficiary and motivation.

Why is it that Congress WON'T even touch Student Debt relief?

Why is it that there are subsidies for Wealthy fossil fuel extractors?

The point still stands. Anything that primarily benefits the middle and working classes WILL NOT receive support from the entire Republican Party and from some Democrats.

What motivates legislation between Parties? There is more to it than just "let's make laws".

LAS14

(15,506 posts)
11. The court said this forgiveness plan involved too much money...
Fri Jun 30, 2023, 04:34 PM
Jun 2023

...for the President to do on his own. Required congress.

Midnight Writer

(25,410 posts)
16. I'm still working on white students need protection from discrimination but LGBTQ+ people don't.
Fri Jun 30, 2023, 04:52 PM
Jun 2023

I think it may have to do with the doctrine called "It's OK If You Are A Republican".

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