On the recordFebruary 28, 2023
now on the SCOTUS oral arguments on student debt. Today, the Supreme Court begins hearing oral arguments on President Biden's student debt relief plan, a plan that could give tens of millions of Americans a new lease on life. Republicans talk a big game about helping working people, but today's case before the Supreme Court--pushed by Republican officeholders who oppose the President's plan--is a slap in the face of working Americans across the country, young and old alike. Let me be clear: 90 percent-- 90 percent--of the relief going to out-of-school borrowers will go to those earning less than $75,000 a year. This isn't a handout to the wealthy. Far from it. This is critical relief to working- and middle- class families. For generations, higher education was the ladder up into the middle class, especially for millions of Black, Latino, and Asian Americans. But over the years, the student debt that comes with a college degree has become not a ladder up but an anchor weighing Americans down-- making it harder for them to put a down payment on a house, buy a car, start a family, and save for retirement. In other words, the burden of student debt makes it harder--harder--to achieve the American Dream.…





