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.
Jon Greenberg, staff writer at PolitiFact, discusses gun reform and the claims made by both Democrats and Republicans in the weeks following the Parkland school shooting.
There has been a lot of exits from the White House this week...Hope Hicks announced her resignation and Jared Kushner's security clearance was downgraded. Vanity Fair's Emily Jane Fox joins The Hive to discuss what the White House will do now.
Andrew Yang, Founder of Venture for America and a 2020 Democratic presidential candidate, joins The Hive to discuss why he's running on the platform of universial basic income.
The Artificial Intelligence Caucus is a group of bipartisan lawmakers working together to ensure technology has a positive impact on America's future. Congressman John Delaney (D-MD) believes A.I. will be a "paradigm-shifting development," and he thinks the government needs to encourage its growth.
The bipartisan caucus aims to work with the private sector to make sure technological change "doesn't leave huge parts of the country behind," says Rep. John Delaney (D-MD), who founded the group.
Nordstrom and Gap release earnings. American Outdoor Brands says sales fell 32.6% year over year. The Dow drops after President Trump announced heavy tariffs on aluminum and steel. Twitter is asking the public to help it evaluate how toxic the social media platform really is
The Hive's hosts Jon Kelly and Kristen Scholer discuss the latest news in politics, business and technology. From Hope Hicks' sudden departure from The White House to the Kardashian's imapct on social media, we have you covered.
In the wake of the Florida High School mass shooting, some Americans are looking for ways to take the issue of gun control into their own hands, or wallets. Todd Scorzafava is a Lead Partner of Wealth Management at Eagle Rock Wealth and he joins Cheddar to explain how investors can manage their funds in a socially-minded manner.
Author Paul Goldberg is taking on something familiar, and turns it upside down in his novel "The Chateau." The book captures a setting that becomes a microcosm of today's current political landscape. Goldberg explains what he hopes readers takeaway.
President Trump stunning his Republican base during a meeting with legislators Wednesday about Gun Control. "Take the guns first, go through due process second," said Trump during a bipartisan meeting at the White House. College Student Kassy Dillon, who founded Lone Conservative, reacts to Trump's departure from his base on this issue.
President Trump "upset a lot of his base" by saying we should confiscate guns, and that's why he seems to be walking back those comments on Twitter, says Kassy Dillon, founder of conservative website Lone Conservative.
Load More