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After months of uncertainty for borrowers, the Biden administration’s studentloan debt cancellation program, which offers $10,000 of relief to those making up to $125,000 and $20,000 for Pell Grant recipients, came before the Supreme Court on Tuesday, in oral arguments that stretched for over an hour past their scheduled time.
President Joe Biden’s studentloan forgiveness plan, which cancels $10,000 of debt for borrowers earning under $125,000 and offers $20,000 of relief to Pell Grant recipients, is scheduled to come before the U.S. Supreme Court later this month. I have a hard time seeing how a challenge like that would work.”
Student debt relief dashed The Biden-Harris administration’s plans to forgive thousands of dollars in studentloan debt for individuals fell through this year in a partisan 6-3 ruling by the Supreme Court, which deemed the plans unconstitutional. Three rulemaking sessions were scheduled for October, November, and December. “If
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