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 on Thursday broke convention when his holiday call to troops took an unusually political turn. On his call with a general stationed in Afghanistan ー and during the questions with reporters that followed ーTrump made controversial comments on the courts, trade, and the caravan of migrants heading toward the border between the U.S. and Mexico. "This is a highly politicized environment, especially with President Trump ー that's his style," Nick Givas, a reporter at the Daily Caller, told Cheddar on Friday.
As Americans hit the road in record numbers this holiday, low gas prices are poised to act as a boon for consumer spending. Drivers are already saving $100 million a day at the pump over just last month, according to GasBuddy.
These are the headlines you Need 2 Know for Wednesday, Nov. 21, 2018.
As Canada battles a nationwide marijuana shortage, Massachusetts dispensaries opened to recreational users on Tuesday. Regulatory bottlenecks and unforeseen demand have caused disruptions in Canada's marijuana supply ー but don't expect the trouble to cease next year. Khurram Malik, CEO of cannabis supplier Biome Grow, said he anticipates disorder in Canadian cannabis well into 2019.
With news that the White House Correspondents' Dinner will break a long-standing tradition by replacing a comedian host with a historian, Jon Levine, media editor at The Wrap, discusses whether the event should even exist anymore.
What role exactly does Facebook play in society? Does it do more good than harm ー or more harm than good? Is it too big to control? Existential questions like these are beginning to circulate as the world's largest social network finds itself embroiled in yet another state of crisis.
Apple talks a big game on customer privacy -- but that hasn't stopped it from making billions through its partnership with ad-based search engine Google. In an interview with Axios on Sunday, Apple ($AAPL) CEO Tim Cook defended his company's relationship with the world's leading search engine, and discussed the potential for regulation in tech, which he considers inevitable.
These are the headlines you Need 2 Know for Tuesday, Nov. 20, 2018.
Tubi Daily News Powered By Cheddar for the Afternoon of 11/19/18
The clamor to impeach President Trump has increased in volume since Democrats won back the U.S. House of Representatives earlier this month ー and one member of the chorus is former Congresswoman Elizabeth Holtzman, who said the president's term recalls another dark period in American political history.
