TheGrio: Three Supreme Court cases that could critically impact Black Americans
This excerpt is from a piece that originally ran on April 19, 2023.
In an interview with theGrio, Rakim Brooks, president of Alliance for Justice, said, “Black borrowers, in particular, are heavily burdened by debt – both undergraduate and graduate level debt.”
If the Supreme Court permits the Biden-Harris administration’s student debt loan forgiveness plan to proceed, Brooks explained that “70% of Black folks could potentially have most, if not all, of their debt, extinguished.”
However, if the high court finds that the administration exceeded its authority by creating the student debt plan, Brooks said, “People will continue to be saddled with this debt for several more years, if not the rest of their lives.”