Student loan borrowers watch Supreme Court case with "pain and anxiety"
CBSN
Ambalika Williams is watching the first day of the Supreme Court hearing on Biden's student-loan relief program with a feeling of hope, but also with a measure of anxiety. Williams has almost $10,000 in student loans, and the case will determine whether her entire debt could be erased in one swoop.
The arguments the justices are hearing Tuesday represent the culmination of a political and constitutional clash that has left 40 million student loan borrowers in limbo, including Williams, who is the national director of Organizing at Rise, a student advocacy group. If the high court strikes down the program, she worries she will need to delay plans to buy a home.
"I would have to make pretty hard financial decisions, because I would still have this debt," Williams, 33, of Washington, D.C., noted, adding that she had already whittled down her debt from its original $40,000 balance.
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