While this is really sad and people absolutely need the relief (and I say that as someone who paid off over $200k in student loans), I hope this gives lobbyists/activist groups/etc more focus to attack the _real_ problem of higher education being way too expensive.<p>We're trending towards major swaths of higher education only being accessible to the wealthy, which will lock so many people out of opportunities to improve their station in life.<p>This comment in particular really frustrated me:<p>> In the opinion, delivered by Chief Justice John Roberts, the court found that the debt forgiveness plan would “cut into Mohela’s revenue, impairing its effort to aid Missouri college students”.<p>Ah, yes, let's defend a _de facto national_ lender from obtaining revenue for an industry it helped create. Disgusting.<p>(I had a loan serviced by MOHELA. I went to school in New Jersey. I never lived in Missouri.)
I am interested in seeing if this decision has any side-effects in regards to the future of the economy.<p>I know myself and others who are still saddled with student loans are going to be spending less on consumer goods due to this decision.<p>I doubt this decision would ever cause any kind of major effects on the economy in isolation, but one can only load so much straw on the metaphorical camel's back before the camel's back breaks.