The High Court Strikes Down Joe Biden's Student-Loan Forgiveness Plan

WSJ Opinion: Potomac Watch

The Wall Street Journal

Society & Culture, News

4.2 • 2.8K Ratings

🗓️ 30 June 2023

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Supreme Court finished its term by ruling to end Joe Biden's student-loan forgiveness program in a 6-3 decision. The move is the latest example of the Court trying to reign in executive-branch overreach. Plus, both parties weigh in, with 2024 GOP presidential hopefuls lauding the decision while Democrats vow to provide loan forgiveness by other means. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:05.5	Are you like secretly hoping that the thieves will like drive it off a cliff?
0:08.9	Yeah, the third time I told the detective I said don't look for it.
0:12.4	It was like, just let it go and it got found a day after.
0:16.9	I was like, why do I keep getting it back?
0:18.9	To hear why Kia's have become some of America's most stolen cars, listen to the journal,
0:23.2	where we explain how business decisions affect our everyday lives.
0:26.8	Listen to the journal every day, where every get your podcasts.
0:30.6	From the opinion pages of the Wall Street Journal, this is Potomac Watch.
0:38.2	The US Supreme Court strikes down Joe Biden's student loan forgiveness plan.
0:44.1	What was its reasoning?
0:45.5	What does it mean?
0:46.4	And what comes next?
0:48.2	Welcome to Potomac Watch.
0:49.5	I'm Kim Strassel.
0:50.7	I am joined today by two experts on this subject, my colleagues Alicia Finley and
0:55.6	Maneu Quabarua.
0:57.7	The Supreme Court on its final day of its session issued its ruling in Biden, being
1:02.6	Nebraska.
1:04.0	This stems from the president's move last year to outright eliminate the federal student
1:08.9	loan debt of most borrowers with a wave of his magic wand.
1:13.2	A plan that would cost taxpayers at least $430 billion.
	...

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