Coinciding with Tuesday’s Supreme Court hearing on President Joe Biden’s plan for student loan forgiveness, Sen. Elizabeth Warren, D-Mass., is out with a report highlighting the economic predicament many Americans would face if Republicans succeed in thwarting the plan.
The report relies on feedback Warren received from major activist groups and others after she asked people to notify her office about how student debt relief — or the plan being overturned — would affect them.
“If Republican officials and extremist judges get their way, millions of Americans’ monthly costs will rise significantly when student loan payments resume,” the report says.
As my MSNBC colleague Jordan Rubin wrote for Deadline: Legal Blog, conservatives on the Supreme Court don’t appear willing to accept the Biden administration’s justification for student loan forgiveness, based on Tuesday’s arguments.
In a statement given to The ReidOut Blog on Tuesday afternoon, Warren reiterated her claims that “if the Supreme Court fails to apply the law as it is written and uphold Biden’s student debt relief plan, it’s the most vulnerable Americans who will be harmed most.” She added that it’s incumbent on her and others to “push the Supreme Court to do its job and allow the president to cancel student debt.”
The organizations tapped for feedback in Warren’s report include the United Automobile, Aerospace and Agricultural Implement Workers of America, or UAW; the National Young Farmers Coalition; the NAACP; UNIDOS; and the Debt Collective.
The groups sent letters to Warren’s office outlining how people they represent would be affected if student debt forgiveness were to be overturned. The report found that Biden has “the clear legal authority” to carry out his plan, and I’ve listed some of the other important findings below.
Low- and middle-class borrowers would benefit disproportionately from debt forgiveness, with women and nonwhite people as some of the…
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