Soon, the Supreme Court will decide whether race can continue to be used as a factor in college admissions."Would you just ignore someone's background coming from a specific racial minority that had a specific issue when they wrote the admission letter? Then the slippery slope is do we need to get rid of admissions letters?" Lieb said.
"I have roughly $65,000 in student loan debt," Miller said."The average student loan debt is about $37,678 dollars, pretty close to $40,000," said Miller, northeast regional director of Young Invincibles.. Forty million Americans would qualify and about half would be completely debt free, according to the Department of Education.
"The objection to the plan is that the Department of Education doesn't have the statutory authority to implement its debt forgiveness plan," said Noah Rosenblum, a law professor at NYU Law School.Supreme Court's conservatives sharply question legality of Biden's student loan forgiveness programCBS2 spoke to two students from the Bronx who say they owe more than $20,000 in loans. One graduated last year and hasn't found work.
The Consumer Financial Protection Bureau says 1 in 5 borrowers have risk factors that could cause them to struggle to pay bills.