Published 1 year ago

Supreme Court seems ready to sink student loan forgiveness

The US Supreme Court is hearing arguments in the Biden administration's appeal of two lower court rulings blocking his plan to cancel $430 billion in student debt for some 40 million borrowers.
Under Biden's plan, the government would forgive up to $10,000 in federal student debt for those making under $125,000 and $20,000 for Pell grant recipients.
The fate of the plan is uncertain as conservative justices on the Supreme Court questioned the administration's authority to cancel federal student loans and may rule that the challengers lack the legal standing to sue.

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The Guardian

Student loan borrowers rally as US supreme court hears debt relief cases

Biden’s plan to clear up to $20,000 in debt hit roadblocks as six Republican-led states claim president overstepped his authority

1 year ago·London, United Kingdom

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CTV News

U.S. Supreme Court seems ready to sink student loan forgiveness

Conservative justices holding the U.S. Supreme Court's majority seem likely to sink President Joe Biden's plan to wipe away or reduce student loans held by millions of Americans.

1 year ago·Canada

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Reuters

US Supreme Court conservatives question Biden student debt relief

Conservative U.S. Supreme Court justices signaled skepticism over the legality of President Joe Biden's plan to cancel $430 billion in student debt for about 40 million borrowers.

1 year ago·United Kingdom

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Associated Press News

Conservative justices question student loan forgiveness plan

WASHINGTON (AP) — Conservative justices holding the Supreme Court's majority are skeptically questioning President Joe Biden's plan to wipe away or reduce student loans held by millions of Americans.

1 year ago·United States

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