President Biden's Loan Forgiveness Plan Takes Center Stage at the Supreme Court | EWTN News Nightly

About this sermon

President Biden's student loan forgiveness plan is taking center stage at the US Supreme Court. The plan aims to cancel $430 billion in student loan debt for more than 40 million borrowers. Opponents say the president doesn't have the power to implement the half-trillion dollar change and that the plan creates an unfair benefit for some people over others. Editorial Director of Eagle Financial Publications and volunteer for Catholic Charities, Paul Dykewicz, joins to walk us through what the justices have to consider as the court faces two big questions regarding the loan forgiveness plan. Dykewicz spent many years working with Catholic Charities, oftentimes helping people manage large amounts of debt. He discusses what the Catholic answer is as far as debt goes and what the Catholic answer is in this case. No one forced students to take out these loans or to go to pricey colleges. There are many who went to trade school to avoid debt. Dykewicz tells us how these elements play into the conversation and how we as Catholics should look at these issues. Phrases like loan forgiveness are somewhat misleading as someone still has to pay for all of this. Dykewicz shares his thoughts on that. He fills us in on how he sees this playing out in the Supreme Court. EWTN News Nightly provides the latest news and analysis from a Catholic perspective. Join host Tracy Sabol, our Capitol Hill, White House and Rome Correspondents, as well as many other diverse guests daily, to get the latest from the U.S. and the Vatican on topics regarding our Catholic faith and interests. ------------- EWTN News Nightly airs on EWTN weekdays at 6pm & 9pm ET. ------------ Don't miss an episode of EWTN New Nightly. Get updates here: https://www.ewtn.com/tv/shows/ewtn-news-nightly ------------- Sign up today to receive the EWTN News Nightly newsletter: https://www.ewtn.com/enn ------------- Follow EWTN News Nightly on Social Media: Facebook: https://www.facebook.com/ewtnnewsnightly Twitter: https://twitter.com/EWTNNewsNightly Instagram: https://www.instagram.com/ewtnnewsnightly/ ------------- Subscribe to EWTN YouTube channel here: https://www.youtube.com/user/EWTN ------------- You can support the EWTN News mission: https://bit.ly/3qDR1qf

Topics

• Forgiveness