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.
President Donald Trump says he's ordered the Navy to “shoot down and destroy” any Iranian gunboats found to be harassing U.S. ships. Trump made the announcement on Twitter but provided no details.
Main Street America, a network of 1,600 commercial districts covering 300,000 small businesses, has conducted a survey offering some sobering statistics on the economic impact of the coronavirus pandemic.
President Donald Trump announced what he described as a “temporary suspension of immigration into the United States” on Tuesday. But he said the executive order he plans to sign as soon as Wednesday would apply only to those seeking permanent residency and not temporary workers.
Atlanta Mayor Keisha Lance Bottoms is speaking out against Georgia Gov. Brian Kemp's plan to reopen businesses such as gyms, nail salons, barbershops, and bowling alleys this Friday, April 24.
The Senate has approved a $483 billion coronavirus aid package after Congress and the White House reached a deal. The measure, passed Tuesday by the Senate, would replenish a small-business rescue program, provide hospitals with $75 billion more and implement a nationwide virus testing program to facilitate reopening the economy.
New York Gov. Andrew Cuomo said he had a “functional and effective” Oval Office meeting on Tuesday with President Donald Trump in which he pressed for more federal help as states try to increase testing for the coronavirus.
Oil prices are continuing to collapse, and U.S. stocks dropped to their worst loss in weeks as worries sweep markets about the economic damage caused by the coronavirus outbreak.
Rep. Nino Vitale (R-Ohio 85th District) joined hundreds of protesters at the Ohio state capitol over the weekend, making him one of the few lawmakers to give his tacit support for the small but vocal group of people who are arguing against stay-at-home orders.
Tom Prendergast, the former chairman of the MTA, spoke to Cheddar to offer advice and possible solutions to the paradox of how to run the country's largest public transit network at levels that would help NYC "reopen," while also keeping the millions of daily riders safe.
JetBlue Chairman Joel Peterson said he hoped to avoid furloughs and pay cuts that have been announced by other airlines such as United that would take place after a federally imposed deadline as a stipulation of the airline bailouts.
