The Supreme Court won’t have far to look for a personal take on the “crushing weight” of student debt that underlies the Biden administration’s college loan forgiveness plan.
9 Million People Received Student Debt Forgiveness Emails With an Error—Here's What Borrowers Need to Know
It’s not clear that any of the other justices borrowed money to attend college or law school or have done so for their children’s educations. Some justices grew up in relative wealth. Others reported they had scholarships to pay their way to some of the country's most expensive private institutions. Thomas was able to take out another loan to repay the bank only because his mentor, John Danforth, then-Missouri attorney general and later a U.S. senator, vouched for him.
A study from the Federal Reserve shows that almost one-third of Black families carry student loan debt. The study also shows that almost one-fifth of Hispanic families also carry student loan debt. Andre Perry, a Senior Fellow at the Brookings Institution joins LX News to discuss how the student debt crisis affects the racial wealth gap in America.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Justice Thomas wrote of ‘crushing weight’ of student loansThe justices’ own experiences can be relevant in how the Biden administration approach a case, and alone among them, Thomas has written about the role student loans played in his financial struggles.
Read more »
Justice Thomas wrote of 'crushing weight' of student loansThe Supreme Court won’t have far to look for a personal take on the “crushing weight” of student debt that underlies the Biden administration’s college loan forgiveness plan
Read more »
Justice Thomas wrote of ‘crushing weight’ of student loansThe Supreme Court won’t have far to look if it wants a personal take on the “crushing weight” of student debt that underlies the Biden administration’s college loan forgiveness plan.
Read more »
Justice Thomas Wrote of 'Crushing Weight' of Student LoansThe Supreme Court won’t have far to look for a personal take on the “crushing weight” of student debt that underlies the Biden administration’s college loan forgiveness plan. The court expects to hear arguments on the plan on Tuesday.
Read more »
Justice Thomas wrote of 'crushing weight' of student loansThe Supreme Court won't have far to look if it wants a personal take on the 'crushing weight' of student debt that underlies the Biden administration's college loan forgiveness plan.
Read more »