The justices are highly likely to issue their decision on student loan forgiveness within 24 hours, and right before they break for summer recess.
The other big decision expected tomorrow, 303 Creative, Inc. v. Elenis, involves a Colorado web designer who objects to providing services for same-sex marriages.The justices ruling will determine whether or not the Biden administration can move forward with its plan to wipe out more than a quarter of the country's $1.7 trillion in outstanding federal student debt.
In total, around 37 million people would be eligible for some loan cancellation, Kantrowitz estimates —, a type of aid for low-income families, or as much as $10,000 if they did not.
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