Daily News | Student loan forgiveness cases reach the Supreme Court: What you should know
The Supreme Court meets Tuesday to hear two cases challenging President Joe Biden’s student loan forgiveness plan, which would wipe out up to $20,000 in debt for millions. In Pennsylvania,What has happened so far?
To date, 16 million people have been approved for loan forgiveness, with 90% earning less than $75,000, according to the White House. In Pennsylvania, nearly 1.2 million residents applied or were automatically eligible for the program, Department of Education records show.The student debt forgiveness plan faces two lawsuits before the Supreme Court.— Missouri, Nebraska, Iowa, Arkansas, Kansas, and South Carolina — say the states face financial harm.
For the first case, some of the key figures speaking include U.S. Solicitor General Elizabeth Prelogar, who is expected to argue that there is legal authority to provide student debt relief because of the COVID-19 pandemic’s economic harm. Nebraska’s Solicitor General James A. Campbell is set to explain why the six suing states believe the relief plan is unlawful.the students nor states have the standing to bring a case and that the students will not be harmed by the plan taking effect. J.
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