A lawn business and takes out a loan at that. the college guy has a chance at getting his loan wiped away. the small business kid doesn t. the government tells that person, you don t have to pay your loan. nobody is telling the person who is trying to set up the lawn service business that he doesn t have to pay his loan. he still does even though his tax dallas are going to support the forgiveness of the loan for the college graduate who is not going to make more than him over the course of his lifetime. so neil a loot of discussion about the fairness issue on the merits. the two cases are different but get to the core of the question whether the white house can through its administration with the stroke of a pen wipe out $400 billion in students loan principal that is still owed. we ll have a decision by late june. neil: okay. just as the next wave of kids are getting ready to start college in the fall. we ll see how that sorts out. meantime, there s been an argument that paying
They ll be impacted differently because they won t get as much excuses of their debt as other people will. it went back to that idea of fairness many times. the chief justice brought this up a little later in the arguments today. he said what about two kids that get out of high school. one goes to college, takes a loan to help him get it done. another kid says i m going to be a entrepreneur. he takes out a loan. if you have a college degree, you ll have bet ever earning power. in that case, that person will have a chance at getting their loans forgiven. the guy that started the lawn business, probably not. there s this issue of standing. the justices will have to decide whether or not either of these two groups of plaintiffs are the right people to bring these cases. it s about whether this is a major question. the major question says if there s something big to be decided, if congress didn t delegate the power, they didn t give it to an agency, to
Following the precedent of the supreme court. let me ask you a personal question. what is the dirtiest, hardest job you ve ever had in your life. i worked construction when i was summer after i was 16 for a summer. 7:00 a.m. to 3:30 p.m. my dad dropped me off every morning at 7:00. 6:55. he wanted me to be early. and that s probably the one. i also, i should say, i had what one person, i guess, lawn business for many summers, business i cut a lot of lawns. that s how i made some cash when i was i started that probably eighth grade. i cut my parent s lawn but i cut a lot of lawns in the neighborhood and distributed
Businesses in these communities which have sometimes even total destruction and we know that we need to help them get back to building quickly because it s a signal to the community that the community can start rebuilding that they can start having hope and be be forward looking when the small businesses, the grocery stores, the hardware stores get back open again. we also provide business interruption insurance and i want to make sure that people know even if they had a lawn business or something that didn t get physical destruction, if they are having economic injuries, called an economic injury loan and no one will be mowing their lawn right awayment they can apply for a loan for us the same kind of advantageous
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