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.
These are the headlines you Need 2 Know for Tuesday, Dec. 4, 2018.
The man who spent years behind the lens during President George H.W. Bush's time as president remembers him as a man of honor. David Valdez, chief official White House photographer from 1989 to 1993, reminisced about his years observing the former president on Cheddar Monday, just days after Bush passed away at age 94.
President Trump is opening himself up to allegations of obstruction by publicly dangling a pardon in front of his former campaign chairman Paul Manafort, "Proof of Collusion" author Seth Abramson told Cheddar on Monday.
President Trump lauded his meeting with Chinese President Xi Jinping at the G20 summit in Buenos Aires as "extraordinary" after the two sides agreed to a pause in tariff increases for 90 days. But Hagar Chemali, CEO of Greenwich Media Strategies, said investors shouldn't start the ticker tape parade just yet.
These are the headlines you Need 2 Know for Monday, Dec. 3, 2018.
Stock markets and the federal government will close on Wednesday as the U.S. marks a national day of mourning for George H.W. Bush, the 41st president. Bush died at his home in Houston Friday night. He was 94.
Michael Cohen's latest revelations about President Trump's ties to Russia have left the U.S. leader isolated at the G20 summit and "looking like a petulant child" on the world stage, Rick Wilson, author of "Everything Trump Touches Dies," told Cheddar Friday.
Call it the "sandwich generation" ー people, often women, in their 30s and early 40s juggling demanding careers and increasing demands of caring for aging parents. Those are some of the stories Emmy Award-winning journalist Laura Ling is hoping to highlight in her podcast "Everyday Bravery."
These are the headlines you Need 2 Know for Friday, Nov. 30, 2018.
Ignorance is a major impediment in the effort to reverse climate change, said the former chief sustainability officer for the Obama administration. “I think lot of it is lack of awareness, these are topics that a lot of energy nerds like myself have been thinking of for a long time," Christine Harada, the president of i(x) Investments told Cheddar on Wednesday.
