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Date
Summary
CNN’s Arlette Saenz: Supreme Court Keeps Block on Biden’s Student Loan Forgiveness Plan (clip)
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Source
CNN
Name: CNN
URL: http://www.cnn.com/
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CNN News Central
Name: CNN News Central
URL: https://www.cnn.com/
Persons
Arlette Saenz
Name: Arlette Saenz
Employment: CNN
Position: Political Reporter
Event
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–
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–
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08/29/2024 11:22 am
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MP4 (720x406)
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0:02:44
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Transcript
Solomon President Biden s ░░░░░░░░ to wipe out billions ░░░░░░░░ dollars in student loan ░░░░░░░░ is still on hold ░░░░░░░░ morning after the Supreme ░░░░░░░░ opted not to lift ░░░░░░░░ block on it CNN ░░░░░░░░ House Correspondent Arlette Saenz ░░░░░░░░ traveling with the president ░░░░░░░░ is in Delaware So ░░░░░░░░ how is the White ░░░░░░░░ responding to this SAENZ ░░░░░░░░ Rahel the White House ░░░░░░░░ they will aggressively defend ░░░░░░░░ Biden s student loan ░░░░░░░░ plan even as the ░░░░░░░░ Court said it would ░░░░░░░░ on hold for now ░░░░░░░░ really marks the latest ░░░░░░░░ in the ongoing legal ░░░░░░░░ against President Biden s ░░░░░░░░ to offer some student ░░░░░░░░ relief You ll remember ░░░░░░░░ the Supreme Court had ░░░░░░░░ down President Biden s ░░░░░░░░ plan that would have ░░░░░░░░ about 400 million billion ░░░░░░░░ in student debt relief ░░░░░░░░ 2023 After that plan ░░░░░░░░ struck down the administration ░░░░░░░░ put this safe plan ░░░░░░░░ place This student loan ░░░░░░░░ plan basically structures the ░░░░░░░░ based on individual s ░░░░░░░░ and their household sizes ░░░░░░░░ this plan has been ░░░░░░░░ hold since earlier in ░░░░░░░░ summer after a lower ░░░░░░░░ had blocked it following ░░░░░░░░ challenge led by by ░░░░░░░░ led states The Biden ░░░░░░░░ then went to the ░░░░░░░░ Court asking them to ░░░░░░░░ this program back into ░░░░░░░░ The Supreme Court says ░░░░░░░░ they will not step ░░░░░░░░ but they do expect ░░░░░░░░ Eighth Circuit Court of ░░░░░░░░ which is weighing this ░░░░░░░░ to act swiftly on ░░░░░░░░ case Now as they ░░░░░░░░ been preparing for these ░░░░░░░░ challenges the Department of ░░░░░░░░ had actually put those ░░░░░░░░ are currently enrolled in ░░░░░░░░ program about eight million ░░░░░░░░ into an interest free ░░░░░░░░ So they are not ░░░░░░░░ to make payments on ░░░░░░░░ monthly loans during this ░░░░░░░░ as these legal challenges ░░░░░░░░ out But this is ░░░░░░░░ part of President Biden ░░░░░░░░ Vice President Kamala Harris ░░░░░░░░ efforts to try to ░░░░░░░░ some of the financial ░░░░░░░░ that Americans are facing ░░░░░░░░ to their student debts ░░░░░░░░ s team had long ░░░░░░░░ this as a key ░░░░░░░░ not just for young ░░░░░░░░ but also for young ░░░░░░░░ who are struggling to ░░░░░░░░ some of these payments ░░░░░░░░ believe that this would ░░░░░░░░ a key issue in ░░░░░░░░ campaign Vice President Harris ░░░░░░░░ actually just last night ░░░░░░░░ in on this saying ░░░░░░░░ she and the president ░░░░░░░░ continue to try to ░░░░░░░░ this type of program ░░░░░░░░ forward So for the ░░░░░░░░ being they re still ░░░░░░░░ for all of this ░░░░░░░░ play out play out ░░░░░░░░ course in the courts ░░░░░░░░ they are hoping that ░░░░░░░░ this program would be ░░░░░░░░ back in place and ░░░░░░░░ some relief to those ░░░░░░░░ those high student loans ░░░░░░░░ Yeah And as you ░░░░░░░░ out for for at ░░░░░░░░ the moment everything is ░░░░░░░░ of on forbearance for ░░░░░░░░ students or those borrowers ░░░░░░░░ were enrolled in this ░░░░░░░░ of plan So everything ░░░░░░░░ sort of on hold ░░░░░░░░ Saenz live for us ░░░░░░░░ in Delaware Arlette thank ░░░░░░░░
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