Supreme Court Hears Oral Arguments on Biden's Student Loan Forgiveness Plan - Google RSS Image

The case has attracted attention from both sides of the aisle. Law professors and Republican senators have filed briefs in the case, and the U.S. Solicitor General will defend the administration’s program at Tuesday’s hearing. The Education Secretary, Miguel Cardona, has argued that the administration has the authority to forgive student loan debt under the Higher Education Relief Opportunities for Students Act of 2003. The court's conservative supermajority is skeptical of the administration's bold claims of power, and the outcome of the case will determine whether the student loan forgiveness program will be allowed to go forward.

The Biden administration has argued that the student loan forgiveness program is necessary to help Americans struggling with debt. According to the Washington Post, “The average student loan debt for borrowers who graduated in 2020 was $31,000, and the total amount of student loan debt in the United States is more than$1.7 trillion.” The administration has argued that the program will help to alleviate the burden of student loan debt and provide relief to millions of Americans.

The Supreme Court's decision will have a major impact on the future of the student loan forgiveness program. If the court rules in favor of the administration, it could provide much-needed relief to millions of Americans. However, if the court rules against the administration, it could be a major setback for the Biden administration's efforts to provide relief to borrowers.

The Supreme Court's decision will be closely watched by both sides of the aisle. The outcome of the case will determine whether the student loan forgiveness program will be allowed to go forward, and could have a major impact on the future of student loan debt in the United States.

Sources:

Washington Post. (2023, February 26). Biden student debt case heads to Supreme Court. Retrieved from https://www.washingtonpost.com/education/2023/02/26/biden-student-debt-supreme-court/

U.S. Department of Education. (2020, October 15). Average student loan debt for borrowers who graduated in 2020. Retrieved from https://www.ed.gov/news/press-releases/average-student-loan-debt-borrowers-who-graduated-2020

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