BELOW SUPERNAV drop zone ⇩

Is student loan forgiveness fair?

MAIN AREA TOP drop zone ⇩

MAIN AREA TOP drop zone ⇩

AUTO TEST CUSTOM HTML 20241114185800

AUTO TEST CUSTOM HTML 20241115200405

(NewsNation) — This week, the Supreme Court will begin hearing oral arguments over the Biden administration’s student loan forgiveness program.

The program would forgive student loan debt for those making less than $125,000 per year. Depending on the types of loans received, as much as $20,000 could be forgiven. But the program is facing legal challenges from those who say the president doesn’t have the authority to forgive loans.

The debate over student loans has on one side supporters who say forgiving debt will boost the economy and help people start adult life without the burden of debt. Opponents argue that previous generations had to pay their own way and loan forgiveness is too much of a burden for taxpayers.

Two legal experts joined NewsNation to debate the pros and cons of student loan forgiveness. Watch the full debate in the player above.

Education

Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed

Site Settings Survey

 

MAIN AREA MIDDLE drop zone ⇩

Trending on NewsNation

MAIN AREA BOTTOM drop zone ⇩

tt

KC Chiefs parade shooting: 1 dead, 21 shot including 9 kids | Morning in America

Witness of Chiefs parade shooting describes suspect | Banfield

Kansas City Chiefs parade shooting: Mom of 2 dead, over 20 shot | Banfield

WWE star Ashley Massaro 'threatened' by board to keep quiet about alleged rape: Friend | Banfield

Friend of WWE star: Ashley Massaro 'spent hours' sobbing after alleged rape | Banfield

Sunny

la

66°F Sunny Feels like 66°
Wind
6 mph SSW
Humidity
25%
Sunrise
Sunset

Tonight

Clear skies. Low 48F. Winds light and variable.
48°F Clear skies. Low 48F. Winds light and variable.
Wind
4 mph E
Precip
3%
Sunset
Moon Phase
Waning Gibbous