Supreme Court evaluates President Biden's student loan forgiveness plan

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The U.S. Supreme Court heard arguments about President Biden's executive order to eliminate up to $20K in student loan debt.

U.S. Supreme Court heard argumentsDemocratic analyst Ed Espinosa and Matt Mackowiak, chair of the Travis County Republican Party, joined FOX 7 Austin's Rebecca Thomas to discuss.I'd wager a pretty large amount of money that the Supreme Court will find that the present United States cannot use the Heroes Act, which was passed in 2003, to unilaterally wipe out up to $1,000,000,000,000 in student loan debt. Look, you have to separate whether you're doing something about college.

And again, not just young people, a lot of working professionals of middle age right now.So, Matt, I mean, should we take action, or should Congress take action when it comes to the interest that people pay on student loans?Yeah. So there's I think there are two other issues related to all this.

 

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