Welcome to the 12th and final issue of All Consuming for 2022.
As we wind down 2022, we hope you have found this e-newsletter informative and helpful. We are looking forward to 2023 planning and encourage you to provide us your opinion.
We wish you and yours a joyous holiday season and a wonderful new year!
Thanks for reading.
Student Loans
“Long before the president acted, Republicans had criticized student loan forgiveness as a handout to well-off college graduates.”
Why this is important: In August, President Biden announced that the U.S. Department of Education would provide student loan forgiveness of up to $20,000 for millions of Americans. Conservatives have argued that the plan is a handout to well-off college graduates and also that the President doesn’t have the power to forgive student loan debt without authorization from Congress. Since the plan was announced, no fewer than six lawsuits have been filed against it. The dispute now is heading to the Supreme Court, and education and legal experts predict the Court will rule against the plan. The expert claims that, if it does so, it will be ruling against the opinions of a majority of Americans (a recent poll states that 51 percent of those surveyed favor the plan) and will add to the skepticism of the Court that conservative justices vote in favor of conservative positions while liberal justices vote in favor of liberal positions. If you are one of the 26 million Americans…
