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: January 11, 2018
Sara Fischer, Media reporter for Axios, discusses how data effects foreign investments in U.S. Technology. Ripple Partners With MoneyGram to Lower Remittance Cost. Turner CEO John Martin gives his take on future of media and TV. Walmart announce it is closing 63 Sam's Club stores across the country. Former White House Chief Strategist Steve Bannon is set to appear next week before the House Intelligence Committee.
Oprah's Political Future, Evan Spiegel's Snap Snafu
Hive editor Jon Kelly, Kristen Scholer, and the VF Hive Panel take us through the five biggest stories of the day in politics, business, and technology. Emily Jane Fox kicks things off with a report on Ivanka Trump's tweet in support of Oprah Winfrey. Ivanka called Oprah's speech inspiring and empowering. Maya Kosoff weighs in to discuss the latest woes for Evan Spiegel. T.A. Frank and Tina Nguyen join the discussion to weigh in on a potential Mitt Romney run for Orrin Hatch's Senate seat in Utah. Frank and Nguyen also report on Steve Bannon's ouster from Breitbart. Emily Frank returns to round out the Hive Five to talk about Donald Trump and how his trip to Davos will be perceived by his base.
The Rise and Fall of Steve Bannon
Special correspondent for Vanity Fair Gabriel Sherman joins The Hive to discuss the rise and fall of Steve Bannon. Sherman reports on his story regarding the rift between Bannon and President Trump.
The Electoral Path for Oprah
Founder and CEO of Run for America David Burstein lays out a potential electoral path for Oprah Winfrey. Jon Kelly, Kristen Scholer, and Burstein discuss how she might be able to win if she runs for president in 2020.
Turner CEO On What It Takes To Win In the Future of TV
John Martin sat down with Alyssa Julya Smith at CES to give his take on future of media and TV. Martin says his goal the past four years at Turner has been to re-invent TV. Martin hits the key to succeeding in the current media landscape and how Turner is innovating for the future.
Inside the War Over Data
China raising the flag of U.S. protectionism after recent cross border corporate takeovers were scuttled over national security concerns. This comes after Alibaba's Ant Financial scrapped its acquisition of MoneyGram. Axios Media Reporter Sara Fischer explains what this means for the future of data security and technology.
California's High Hopes for the Convicted
Jodie Emery, editor-in-chief of Cannabis Culture, discusses the opportunity California legalization presents for those with marijuana convictions. Now that the drug is fully legal, those with a record have the chance to have the charge lessened or wiped off their record completely.
Load More