hello, mike. michael: taxpayer money to provide up to $20,000 for loan forgiveness for around 40 million americans but the court ruled 6-3, the biden administration overstepped its authority. we are covering this from all angles for you, justin and grace took out student loans. they have very different reactions to this ruling. you will want to hear them. they ll be joining us live in just a moment. begin with jacqui heinrich live from the north lawn. jacqui. hey there, mike. the supreme court said today the white house did not have authority to provide billions in student loan forgiveness absent any authorization from congress. it does not appear that there s any path for that there, and right now it is unclear what back-up plan the white house has. we just got a short statement from the president, we are going to hear more from him later, for now he says the fight is not over i will have more to announce this afternoon. i believe it s wrong, i will stop at nothing t
help launch them forward. what do you say to people like justin? yeah, i think it s, you know, a tricky situation and i think i agree with justin. i think that, you know, student loans cause people to limit their selves after graduation so they get a job they know will pay enough of their bills and their student loans where they are not really doing what s maybe best for society as a whole or doing something that s, you know, a passion for them, they are doing it for the money to pay off the student loans. i think giving, you know, some relief will would help, you know, give people the freedom to do what they want for work and not have to make it strictly based off of pay and thinking in terms of how they can pay off these student loans. sandra: and justin, to grace s point, though, she knowingly took out student loan debt as did you, and feels there should be accountability for
have some help and some debt forgiven? like grace i did similarly think the bill, the plan would not fully move forward. however, i admit that it s not perfect but i did think that it was a great opportunity for borrowers like myself to receive some assistance on that student loan debt as someone who graduates in 2024, i m expecting to enter the job a very competitive job market looking for an entry level position. that s ultimately not going to pay me that much where i can live comfortably and pay off my student loans. and so i thought that receiving $20,000 off of the bill would have been a very big assistance and not having it is certainly disappointing. sandra: very interesting take on that. grace, let me get your response to what he s detailing there, justin. some students feel like they had to take on this debt just to get into the college they wanted to get into but then they feel they fall behind trying to pay off those debts and feel this would
hello, mike. michael: taxpayer money to provide up to $20,000 for loan forgiveness for around 40 million americans but the court ruled 6-3, the biden administration overstepped its authority. we are covering this from all angles for you, justin and grace took out student loans. they have very different reactions to this ruling. you will want to hear them. they ll be joining us live in just a moment. begin with jacqui heinrich live from the north lawn. jacqui. hey there, mike. the supreme court said today the white house did not have authority to provide billions in student loan forgiveness absent any authorization from congress. it does not appear that there s any path for that there, and right now it is unclear what back-up plan the white house has. we just got a short statement from the president, we are going to hear more from him later, for now he says the fight is not
and have really different takes and it s really fun to have both of you here to react to this. this is something you are living through in realtime. grace, to you first, what did you make of this decision? hey, sandra, first thanks for having me on today. i i think this decision did not come as a surprise to me, especially as we have heard more recent rulings with the supreme court and the last couple of months. i will saying it s really important that loan borrowers have accountability for repaying their loans. i think we could do a lot better as a society, as a country, as an educational system to make it easier for people to go to college and cheaper, more affordable. but again, i was not surprised by today s ruling. sandra: very interesting. justin, if i may ask you, do you were you in the camp that believed that students should