Will the Supreme Court Let Biden Cancel Student Debt?

The Daily

The New York Times

Daily News, News

4.4 • 102.8K Ratings

🗓️ 2 March 2023

⏱️ 25 minutes

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Summary

In August, President Biden announced a loan cancellation plan that would erase an astonishing $400 billion in student debt — one of the most ambitious and expensive executive actions ever. Now, in a far-reaching case, the Supreme Court will decide whether the president is authorized to take such a big step. Guest: Adam Liptak, a Supreme Court correspondent for The New York Times.

Transcript

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0:00.0	This is Sydney Harper, daily producer. I'm here outside Supreme Court in DC. It's
0:10.0	Tuesday morning and I'm looking at a protest of a bunch of people who are here in favor of
0:15.6	the Student Lone Dept cancellation program.
0:18.4	Notice, can you hear us?
0:20.4	Dode is leading the world.
0:22.4	Debra Leigh is legal.
0:24.4	Debra Leigh is legal.
0:26.4	From the New York Times, I'm Sabrina Tevernicee and this is the daily.
0:32.4	This week, the Supreme Court heard arguments in a case against President Biden's Student Lone
0:36.4	cancellation program. That program would wipe out an astonishing $400 billion
0:42.4	in student debt. The case seeks to reverse that.
0:46.4	Hi y'all.
0:48.4	I'm just curious about people's student debt.
0:52.4	I'm trying to like hear some numbers from people about what they owe. Some numbers.
0:56.4	25,000.
0:58.4	I think I have about like 40k.
1:02.4	Oh, for Student Lone Dept?
1:04.4	Yeah. How much?
1:06.4	Approximately $130,000 in Student Lones.
1:10.4	Your mouth is open right now.
1:12.4	That's a lie.
1:14.4	What are you owe in Lones?
	...

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