The Supreme Court is taking up a partisan legal fight over President Joe Biden’s plan to wipe away or reduce student loans held by millions of Americans.
Twenty-six million people have applied and 16 million have been approved to have up to $20,000 in federal student loans forgiven, the Biden administration says. The program is estimated to cost $400 billion over 30 years.
Without it, loan defaults would dramatically increase when the pause on loan payments ends no later than this summer, the administration says. Payments were halted in 2020 as part of the response to the coronavirus pandemic. Dozens of borrowers came from across the country to camp out near the court on a soggy Monday evening in hopes of getting a seat for the arguments. Among them was Sinyetta Hill, who said that Biden's plan would erase all but about $500 of the $20,000 or so she has in student loans.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Supreme Court to hear GOP state challenge to pandemic-related Biden student loan debt relief planThe U.S. Supreme Court is set to hear oral arguments Tuesday pertaining to GOP-led states aiming to block President Biden's student debt forgiveness plan.
Read more »
Who are the attorneys fighting Biden's costly student loan relief at the Supreme Court?The Supreme Court will hear oral arguments on Feb. 28 in two cases to decide the fate of President Joe Biden's student loan forgiveness program.
Read more »
Supreme Court’s Student-Loan Case Will Test Limits of Presidential PowerArguments begin Tuesday over the Biden administration’s roughly $400 billion plan to forgive federal student debt for tens of millions of borrowers, giving justices an opportunity to set strict limits over the president’s ability to implement policies without explicit authorization from Congress.
Read more »
Social media needs to be policed — just not by the Supreme CourtSupreme Court Justice Elena Kagan drew laughs last week when she said about herself and her colleagues, “You know, these are not like the nine greatest...
Read more »
How a Supreme Court justice's paragraph put the Voting Rights Act in more dangerJustice Neil Gorsuch tacked on a handful of sentences to a 2021 Supreme Court ruling, planting the seeds of a legal fight that could further weaken Voting Rights Act protections for people of color.
Read more »