we think so

Join our next organizing call. We have a lot to say. In the meantime...
bsky.app/profile/debt...

There's a lot more to say, and we have some creative ways that might help you fight back that aren't great for posting on twitter.

Join our rapid response student debt organizing call
happening December 17th to learn more and join us.

RSVP:
debtcollective.org/event/rapid-...

While this is certainly bad news, we do not recommend debtors who are enrolled in SAVE voluntarily leave their repayment plan at this time.

Even if the court approves this settlement—which could take months—any changes to repayment plans will likely take months to implement.

What Republicans admit is that the executive administration *does* have authority to cancel federally held student debt. They just want to make it so that it will be administratively and practically impossible to deliver it because of this technicality. It's stealing in advance.

You might be thinking, okay, so what?

30 days is enough notice that Missouri will find standing to sue relief before it even happens.

So not only is Trump gutting the SAVE plan, they're essentially putting a moratorium on cancellation for the next ten years with this agreement.

The settlement that the Trump administration agreed to with the state of Missouri includes a provision requiring the Department of Education—for the next 10 years—to notify the state of Missouri 30 days in advance before administering broad-based student debt relief.

Practically this means many more debtors will likely be forced to default on their loans. This is bad for millions of families and our economy.

But it gets worse.

Yeah. It's really bad. *And* we don't know what the timeline actually is. Likely months.

(and incidentally I say this a lot but if you’re looking for a way to organize around a university issue, starting with an independent/collaborative budget audit is always a good place, as the @debtcollective.bsky.social has shown for institutional debt)

Note the difference: Congress didn't authorize these tariffs. Congress did pass the HEROES Act which explicitly in black & white says the Sec of Ed can waive student loans.

⚠️Big difference⚠️

Wish that mattered to journalists covering this.

In order for there to be any equivalence between Trump's tariffs and Biden's student loan cancellation things would have to be like this:

Congress passes a law to impose massive tariff hikes, Trump executes the law, and SCOTUS uses MQD to strike down the tariffs because they disagree.

This is a false equivalency. SCOTUS doesn't need the MQD to kill Trump's tariffs. They just need the constitution. Only Congress has the power to impose tariffs.

We are going to see this framing on hyperdrive if SCOTUS uses the "Major Questions Doctrine" to kill Trump’s tariffs, and all of the journalists are going to say that Trump’s tariffs = Biden’s student loan cancellation, and the journalists are going to help SCOTUS cement the MQD in the process.