Biden Student Debt Forgiveness BLOCKED | Full Details!

student debt cancellations could have

started as soon as next week however now

as stay has been granted and that's

probably gonna get delayed boy oh boy

things with the government are always a

frustrating and if you haven't yet had

the chance to update your life insurance

which you could get in as little as five

minutes you may as well now go to

metcaven.com life Apple pay or Android

pay for it so what's going on look a US

court of appeals for the eighth circuit

granted a stay in response to an appeal

filed by Six States all Republican after

their case was thrown out by a district

court for a lack of standing on Thursday

saying that student debt relief needs to

be passed by Congress and not by a sole

Act of Joe Biden okay this is basically

a Republican versus Democrat move

Republicans going dude you should have

gone to Congress Biden going nah bro I

got this okay this decision again comes

after like literally here Friday

afternoon a day after the district court

tossed out the lawsuit from those Six

States

now millions of borrowers are going to

get delayed in their forgiveness there

was also some precedent in this okay an

entire other case went before The

Supreme Court and the Supreme Court

denied blocking Joe Biden's program so

it's like you have the Supreme Court is

like no no we're not going to block this

debt forgiveness you've got six states

that that just had their lawsuit thrown

out and so what is this this stay like

what happens now all right so here's

what this is a stay is basically just a

pause it's a delay in the process and

the stay gives the Biden Administration

until 6 pm on Monday to respond in

opposition which obviously they will

this is mostly a political stunt a stay

is really a hold until the court can

fully rule on the injunction request

which is just basically kind of like

here's the way it works it's okay like

dang it we we tried to block the debt

cancellation and they denied us let's

appeal it and then the appeal score is

like

dude it's Friday we want to go home we

haven't researched or ascertained all of

the facts of the cases yet we got to

understand the law and ultimately we

gotta write an opinion on this because

people are going to look at our

reputations as judges in the future and

they'll you know determine whether or

not to appoint or elect us in the future

to positions based on how we write

opinions and we sure as hell ain't gonna

do it on a Friday afternoon so let's

just put all this on hold you'll buy an

admin sorry y'all got until 6 P.M Monday

to have some kind of response for us but

honestly we're probably just going to

rule in favor of the Biden admin anyway

but dude it's Friday let's just pause

this crap the problem is now in the

meantime you get a bunch of clickbaity

headlines that are creating all fear for

the 22 million people who've already

applied which is like half of the like

nearly 44 million people who were

eligible for student debt forgiveness

and now those people have stress over

the entire weekend about are they

actually going to get their money

because the headlines are like oh no you

know student debt forgiveness on hold

everything he's gonna get delayed there

may be delays

things may get delayed probably not more

than a week or two I I can't say with

certain Tammy court systems or sometimes

slow but I I really don't expect this

delay to last and so I would encourage

that if you're eligible make sure you go

to studentaid.gov that's the government

system that opened up last week to get

your student debt forgiveness uh

remember that Biden's plan cancels up to

ten thousand dollars in federal student

alone adapt for those making up to 125

000 a year or two hundred fifty thousand

dollars per household and up to twenty

thousand dollars of Pell Grants for

low-income families personally I expect

this to all be A-Okay when the merits

are reviewed and this appeals court is

able to respond there'll be some kicking

in political screaming because this is

right before an election we're less than

a month away we're less than a few weeks

away from an election here so they're

going to be frustrations there's going

to be kicking and screaming but in my

opinion this whole like delay thing is

just going to create unnecessary stress

for millions of Americans over the

weekend and all it is is

quite frankly politics so even though

you should still go to metcaven.com life

if you're expecting this student debt

forgiveness I would say honestly this

day it has like a one percent chance of

not getting lifted and this case is

probably just gonna get thrown away with

like a 99 degree of certainty I could be

wrong okay I've been wrong with fourth

but this is not something that really

stresses me out this is very very normal

this is the way the court system works

again it's a Friday you think the judges

are taking off their beer time or Pizza

Time with kids to go deal with something

the Supreme Court's already rolled on

this is ridiculous don't worry about it

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goodbye and good weekend or have a good

weekend bye