Protesters in favor of student loan relief gathered outside the Supreme Court on Tuesday morning, demanding that the top jurists side with President Biden as they hear two cases challenging his signature student loan debt relief policy.
Biden’s relief program looks to cancel $10,000 of student debt for low- to middle-income borrowers and $20,000 for Pell Grant recipients, but the legal challenges have put the program on hold while the Supreme Court hears the arguments for the cases that jeopardize it.
Activists who showed up ahead of oral arguments told Cheddar that Americans should not have to be burdened with so much student debt.
"I went to college as a first generation college student. My FAFSA said we had zero expected family contribution," said Kristin McGuire, executive director of the advocacy group Young Invincibles. "I borrowed $20,000 to finance my college education, and I currently owe over $55,000."
“We're almost 20 years later, and my debt has doubled. And Americans should not have to go through that,” McGuire continued.
Democratic Rep. Ayanna Pressley (Mass. District 7) also made an appearance outside the Supreme Court.
"The people demand and deserve student debt cancellation," Pressley told the crowd. "Student debt cancellation will change and save lives."
Pressley said that Republican officials are “disconnected from the hardship of everyday folks who are burdened by this debt” and “chose obstruction.”
But, Republicans have called Biden’s plan fiscally irresponsible.
“Our nation is facing a staggering $31 trillion worth of debt and we have closed in on the debt ceiling, yet the Biden administration is still attempting to cancel millions of dollars in student loans,” Senator Rick Scott of Florida has said. “The reality is, a blanket forgiveness of student loans only benefits a small percentage of the population at the expense of millions of other hard working Americans."
The Court’s decisions won’t be released until the early summer, but 26 million people have already applied for the program, with 16 million having already been approved.
White House press secretary Jen Psaki said Tuesday that she has tested positive again for COVID-19 and will not accompany President Joe Biden to Europe for meetings on Russia’s invasion of Ukraine.
Reshma Saujani, the founder of the nonprofit Girls Who Code, discusses the workplace inequities further exposed by the pandemic and her latest book, "Pay Up: The Future of Women and Work (and Why It's Different Than You Think).
Since Russia invaded Ukraine, the United States, along with much of the Western world, has imposed economic sanctions on Russia’s economy and its oligarchs. And these measures are costing these oligarchs — billions. So what exactly is an oligarch and what are their ties to Putin and the ongoing invasion? And will sanctioning them work?
Ketanji Brown Jackson is forcefully defending her record as a federal judge, telling senators she will rule “from a position of neutrality” if she is confirmed as the first Black woman on the high court.
Ukraine remains defiant as the Russian invasion is approaching its fourth week. Cheddar News speaks with Former Obama Campaign Foreign Policy Advisor David Tafuri, on Russia’s war efforts so far and how it might shift tactics moving forward.
While investors soured on Fed Chair Jerome Powell's remarks on interest rates Monday, Anthony Saccaro, Founder and President at Providence Financial explains why he is supportive of the Fed's approach on Cheddar News' Closing Bell.
As Russia continues to wage war in Ukraine, 10 million of its citizens have fled their homes according to the UN, with more and more refugees flooding into other European countries. Nancy Dent, senior global communications officer for Europe and Asia at the aid group International Rescue Committee, joined Cheddar News to discuss the deteriorating conditions. “What's really clear from my time at the border today, in particular, is that people really are fleeing for their lives now," she said. "Two million people, 60 percent of the refugee population from Ukraine is now in Poland, and people are arriving with smaller bags really unprepared."
Will Larkins, president and co-founder of Winter Park High School's Queer Student Union and one of the organizers of its
'Say Gay Anyway' walkout, joined Cheddar News to discuss their recent opinion piece for The New York Times titled "Florida's 'Don't Say Gay' Bill Will Hurt Teens Like Me."
Russia's military advances in Ukraine appear to have stalled, as heavy casualties, equipment losses, and a lack of progress on the ground take a toll. Despite the horrific damage caused by the attack, Ukraine's military has held up better than many experts predicted. Elliot Ackerman, author and Marine Corps Veteran, joined Cheddar's Opening Bell to discuss why Ukraine's defense response been such a surprise, and what a stalemate in the war might look like.
