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.

Share:
More In Politics
Closing Bell: February 13, 2018
Chipotle announces a new CEO. Dominos and Tinder and teaming up for Valentine's Day. The Director of National Intelligence sounds the alarm on Russia and the midterms elections. Sarah Kauss is the CEO of water bottle company S'well. Her small idea has turned into one of the most successful female-run businesses. Legal technology platform CannaRegs is on a mission to make sense of the legal landscape of marijuana for stakeholders in this growing space. Vermont Governor Phil Scott is asking legislators in his state to speed up equal pay legislation.
Between Bells: February 13, 2018
This Changes Things: Advice for the executives and leaders of tomorrow, brought to you by American Express OPEN. On Between Bells: Adam Rippon & The Official Johnny G. Weir win the Olympics. With SB Nation, UNO, PCMag, and more.
The World Reacts to the Obama Portraits
The National Portrait Gallery has two new additions thanks to Barack and Michelle Obama's official paintings. Latina Magazine's Taiia Young joins Cheddar to discuss the added significance to this American tradition.
Between Bells: February 12, 2018
On Between Bells: Infrastructure, budget, and John Kelly's future. Plus, major Olympic moments and the first Sports Illustrated Swimsuit issue of the #MeToo era. With The Young Turks, Rare Media, The Daily Caller, Royal Canin, and more.
Opening Bell: February 13, 2018
In their annual letter, Bill and Melinda Gates share their thoughts on the Trump administration and social media's growing influence. Under Armour saw a 47% surge in international sales last quarter. Facebook's VP of U.S. Public Policy and Chief Privacy Officer joins Cheddar to discuss the importance of doing regular privacy check-ups. Ty Pennington and Amanda Brinkman, co-hosts of the show "Small Business Revolution - Main Street," tell us what to expect from the upcoming third season.
"Young China" in the Modern Era
Zak Dychtwald, author of "Young China: How the Restless Generation Will Change Their Country and the World," discusses how his time in China after graduation inspired him to write a book about China's younger generation.
The Government's Role in Cybersecurity
Cybersecurity has been a hot topic in America over the past year. With more and more hacks going public, what role does the government play in creating regulation? Megan Stifel, Senior Fellow at Atlantic Council and former Cybersecurity Policy Adviser at the White House National Security Council joins Cheddar to discuss the relationship between Washington DC and cybersecurity.
Load More