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.
Both Republicans and Democrats, including two first ladies, are calling on the president to put an end to Attorney General Jeff Sessions' 'zero tolerance' border policy of separating parents and children for unlawfully crossing the border.
A federal judge sent the former Trump campaign chairman to jail on Friday for tampering with witnesses in his upcoming trials. This decision further strains the relationship between the White House and the Justice Department, as the administration considers suspending special counsel Robert Mueller and using presidential pardons. Cheddar's J.D. Durkin gets into the details.
President Trump announced on Friday a 25 percent tariff on $50 billion of Chinese exports, punishing the country for "theft of intellectual property and technology." China vowed to retaliate in equal measure, escalating tensions between the world's two largest economies, despite months of negotiations to resolve trade disputes.
The former FBI director "chose to deviate" from established procedures and tainted the impartial reputation of the agency and the Justice Department, the department's Inspector General Michael Horowitz said in a scathing report of how Comey handled the investigation into Hillary Clinton's emails. Cheddar's J.D. Durkin looks into the details.
Big-time media mergers have renewed a policy debate in Washington over concentrating too much corporate control in a few powerful hands, said Axios tech reporter David McCabe.
The Republican reiterated his cautious approach to legalization, despite momentum for more liberalization in a state with some of the most tolerant cannabis laws in the country.
President Trump's statement that the U.S. is suspending joint military exercises with South Korea as Kim Jong-un considers how to dismantle his nuclear arsenal may cause some anxiety among America's allies, says Martyn Williams, editor of NorthKoreaTech.org.
President Trump and Kim Jong Un have signed a deal to denuclearize the Korean Peninsula and improve relations between the United States and North Korea. The two leaders met in Singapore for a historic summit, the first ever between the U.S. and North Korea.
Kristen Scholer and Tim Stenovec sit down with journalist and author Gretchen Carlson for a wide-ranging interview. Carlson talks about her new programming called 'Justice for Women,' her life post-Fox News, and her role in eliminating the swimsuit competition from the Miss America pageant.
Plus, Facebook will start regulating e-commerce on its platform more closely. The social media company is rolling out a new feature that will let users give feedback about companies that sell items on Facebook. If a business gets too much negative feedback, Facebook will ban that business from its platform.
President Trump and the North Korean leader Kim Jong-un signed a joint statement Tuesday that calls for the "complete denuclearization of the Korean peninsula." But even with this agreement, there's a long way to go.
Art Hogan, Chief Market Strategist for B. Riley FBR and Wunderlich Securities, discusses how he thinks the global markets are going to react to the meeting between President Trump and North Korean leader Kim Jong Un following the G7 meeting this past weekend.
