As court debates student loans, borrowers see disconnect

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Much of the discussion in Tuesday’s hearing centered on whether states had the legal right to sue over Biden’s student loans plan. But the justices also were scrutinizing whether Biden had the authority to waive hundreds of billions of dollars in debt without the explicit approval of Congress, which decides how taxpayer money is spent.

It’s not unusual for Supreme Court cases to hang on legal technicalities, even in cases of great public interest. Yet to borrowers following Tuesday’s arguments, it felt isolating to hear such a personal subject reduced to cold legal language.

Thompson and her father are each eligible for $10,000 in relief, she said. It would move her a step closer to financial stability, Thompson said, and it would eliminate the rest of her dad’s loans. Advocates took to the podium to share stories about family sacrifices and life milestones deferred because of heavy student debt.

During the hearing, liberal Justice Sonia Sotomayor said it would be a mistake for her fellow justices to take for themselves, instead of leaving it to education experts, “the right to decide how much aid to give” people who will struggle if the program is struck down.

 

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They will lose this round, but win the next one....so.....congress needs to come up with a deal at 'half the amount' Biden wanted and pass it.

Up Where We Belong

Pay your debts, chumps.

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