Supreme Court student loan case: what you need to know

because the pandemic affected millions of student borrowers who might have fallen behind on their loans during the emergency.Expect the justices to be focused on several big issues. The first one is whether the states and the two borrowers have the right to sue over the plan in the first place, a legal concept called “standing.” If they don’t, that clears the way for the Biden administration to go ahead with it.

Beyond standing, the justices will also be asking whether the HEROES Act gives the Biden administration the power to enact the plan and how it went about doing so.It will likely be months before borrowers learn the outcome of the case, but there’s a deadline of sorts. The court generally issues all of its decisions by the end of June before going on a summer break.

Whether or not the debt gets canceled, the case’s resolution will bring changes. While federal student loan payments are currently paused, that. And if the case hasn’t been resolved by June 30, payments will start 60 days after that. If you purchase a product or register for an account through one of the links on our site, we may receive compensation.

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