On this edition of Your Call, we discuss the big donors funding the lawsuits challenging President Biden's plan to eliminate up to $20,000 in student debt.
One case was brought by an extreme right-wing donor network named the “Job Creators Network,” according to the Debt Collective. Former Home Depot CEO Bernie Marcus, who is worth $8.8 billion, organized the JCN in 2010. He gave the group $3.9 million over the past decade. Other donors include the Federalist Society, the Mercer family, the Koch network, the US Chamber of Commerce, the Retail Industry Leaders Association, and the National Restaurant Association.
Why do these billionaires and groups oppose student debt relief?
Guest:
Maddy Clifford, deputy press secretary at the Debt Collective
Web Resources:
More Perfect Union: Who is behind the Supreme Court case attempting to kill student Debt Relief
CNN: College debt relief program rests in the hands of nine wealthy and elite people
The New York Times: Supreme Court Heard Arguments Challenging Student Loan Forgiveness
