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Anderson Cooper 360

Biden: Supreme Court decision on student loans “wrong”

Anderson Cooper 360

CNN

News

4.13.7K Ratings

🗓️ 1 July 2023

⏱️ 44 minutes

🧾️ Download transcript

Summary

President Biden called the Supreme Court’s decision on student loans “wrong” and said he will “stop at nothing” to find student aid relief. The Supreme Court struck down his student loan forgiveness program, blocking millions of borrowers from receiving up to $20,000 in federal student debt relief, just months before student loan payments are set to restart after a yearslong pause. NPR Legal Affairs Correspondent Nina Totenberg joins AC360 to discuss the high court and its recent decisions. Plus, hundreds of sea lions and dolphins have washed up dead or sick in California. CNN Senior National Correspondent David Culver tells AC360 the likely culprit.

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Transcript

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0:00.0

Good evening, the Supreme Court closes one-door to debt relief for millions of student borrowers.

0:07.6

President Biden tries to open another.

0:10.3

John Berman here in Foranterson.

0:12.2

Tonight the case that pits a chief executive against a chief justice in the string of big

0:17.1

decisions this week, including one today on LGBTQ protections in the First Amendment,

0:22.5

now pitting some of the justices against one another.

0:25.7

Also tonight, a CNN exclusive The Shocking Details from a report on sexual assault of

0:30.2

the Coast Guard Academy that won unreleased four years.

0:34.1

Plus a week after leading a failed rebellion that sent him into exile, where is Wagner

0:39.1

leader Evgeny Prisgosit?

0:41.8

And is Russian intelligence now gunning for him?

0:45.6

First tonight, President Biden is vowing to work around a Supreme Court decision blocking

0:50.2

his plan to forgive some $400 billion in student debt taken on by tens of millions of Americans.

0:57.3

This is the latest from a Supreme Court that has now reshaped the constitutional landscape

1:01.0

on abortion, affirmative action, and today on how much leeway a president has to carry

1:06.2

out legislation.

1:07.8

And that would be less of it.

1:09.8

In a six to three decision, the court holding that President Biden could not interpret a

1:13.8

provision of a post-9-11 law to cancel student loan repayments.

1:18.9

With Justice Roberts writing that something this significant required clear approval by

1:23.0

Congress, so the president announced a detour.

1:28.4

We will ground this new approach in a different law than my original plan, a so-called higher

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