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Of the groups that are being arrested, 1-third of them are youth that are out on the streets protesting. bill. bill: president macron might want to find time to get things under control and save the concerts for later. alex hogan live in london. thank you. dana: fox news alert. moments away from learning the supreme court s decision. welcome to a new hour of america s newsroom. bill hemmer off today. i m glad you re here with me for another hour of breaking news. bill: major news with the supreme court. millions of americans are waiting to find out what the court has to say on this about president biden s plan to wipe away $4 hundred billion in student loan debt. two related cases are challenging the president s authority to forgive the loans and there are several possible outcomes besides just an up or down ruling. dana: a lot of questions out there. we re answering them now as we ....
What does it mean? 26 million americans asked for and 40 million were eligible to have their loans canceled, eliminating up to $20,000 in debt per student. wiping clean their principle and interest in half of all exiting student loans. now families will have to find 200 to 400 a month that their budget to pay for those loans. the plan would have he railsed $4 hundred billion in student death. it was framed about students. in fact, there are more borrowers over age 50 who owe more money than those under 24. most student debt is held by top earners, not the poor the way it was framed. what did supporters say? it was needed because so many borrowers are behind in payments. 52% are under water meaning they do owe more today than they originally borrowed. hurting the ability to start a family, buy a house, grow the economy. critics say the loan was a ....
They settled on the $10,000 costing close to $4 hundred billion to taxpayers. the white house looking to say where we ll go from here and what the next steps will be. have to wait to see what the white house will say. the president wasn t happy with court yesterday. if he repeats it is not a normal court or sharpen his language has yet to be seen. the president has made it clear he is not for packing the court. he doesn t want to see additional justices brought on even though some democrats have suggested it may be the best way to move forward. for president biden certainly an effort to address what he says was a need to help americans struggling. obviously the pandemic has been declared over. the option to do it through this heroes act was no longer in the court s view an option for that one. dana: i have a couple of questions and a thought and piece of advice for the white house. what did ron klain say? this is the best part of ....
Speaker nancy pelosi. they quote her at length in saying of course the president can t just grant loan forgiveness. and so she is really in the argument of the majority for saying this is not a close call. you really overstepped and overreached as a president and this is now unconstitutional. bill: go ahead and stand by for us. want to bring in ken coleman. this is now $400 billion of potential student we re talking $4 hundred billion of taxpayer money that would go to some of these students and that has been thrown out now. your response. i think it s a great win for individual responsibility in america. it was a cheap political promise that was a slap in the face of not just the millions of americans dana pointed out. how about folks like me who actually went to college, we had student loans and we paid them ....
All 37 felony counts. well see what nada does. if he is found guilty he could face up to 90 years in prison. dana: the justices get ready to announce decisions for big cases on the docket. the high court has ten opinions left to release before the final day of the term scheduled for this friday. some of the high profile rulings we re watching for include cases on affirmative action and president biden s $4 hundred billion student loan hand-out. president biden claiming he never spoke to his son, hunter, about business deals despite mounting evidence to the contrary. we have one of my best friends. martha: we almost never get to sit on the same set together. ....