Student loan forgiveness plan to go before Supreme Court: The arguments explained

  • 📰 fox5ny
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

On Tuesday, the Supreme Court will hear arguments over Biden’s student debt relief plan, which impacts millions of borrowers who could see their loans wiped away or reduced.

student debt relief plan, which impacts millions of borrowers who could see their loans wiped away or reduced.the Democratic president's plan from going into effect, and it remains to be seen how the court, dominated 6-3 by conservatives, will respond. The justices have scheduled two hours of arguments in the case Tuesday, though it will probably go longer.

The White House says 26 million people have applied for debt relief, and 16 million people had already had their relief approved. The Congressional Budget Office has said the program will cost about $400 billion over the next three decades.As legal battles continue over the Biden administration's loan forgiveness plan, letters have gone out to students saying they have been approved.

Texas-based U.S. District Judge Mark Pittman, an appointee of President Donald Trump, sided with the students and ruled to block the program. Pittman ruled that the Biden administration did not have clear authorization from Congress to implement the program. A federal appeals court left Pittman's ruling in place, and the Supreme Court agreed to take up the case along with the states' challenge.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Pay your loan back. It doesn't 'disappear ', taxpayers have to pay it.

What about those not in school with loans? Help pay medical bills? Credit cards?

Socialist propaganda

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 587. in LAW

Law Law Latest News, Law Law Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

What you need to know as student-debt relief goes to the Supreme CourtBiden's student-loan forgiveness is about to have its day at the Supreme Court. Here's everything you need to know. Gov, set up a good universal payment plan. Student Loan Forgiveness is a nice gesture, but I rather have a better payment plan with full forgiveness after 30 years of taking out the student loan. studentloans WhiteHouse SenWarren FAFSA SenateDems SenateGOP potus vp
Source: BusinessInsider - 🏆 729. / 51 Read more »

Company that lost to mini-casino developer appeals to Pa. Supreme CourtThe project is planned for the former Macy's store at Nittany Mall, but there are questions over the winning bidder's qualifications. IraTheTerrible CessPoole BretPallottoCDT penn_state
Source: PennLive - 🏆 463. / 53 Read more »

How the Supreme Court could reshape the internet as you know it'Would Google collapse, and the internet be destroyed,' Justice Alito asked a Google attorney on Tuesday, 'if YouTube and therefore Google were potentially liable' for the content its users posted?
Source: abc13houston - 🏆 255. / 63 Read more »

How the Supreme Court could reshape the internet as you know it'Would Google collapse, and the internet be destroyed,' Justice Alito asked a Google attorney on Tuesday, 'if YouTube and therefore Google were potentially liable' for the content its users posted?
Source: ABC7NY - 🏆 592. / 51 Read more »

Supreme Court Justice Thomas Moore Has Personal Experience With Student LoansThe Supreme Court won’t have far to look for a personal take on the “crushing weight” of student debt that underlies the Biden administration’s college loan forgiveness plan. Thomas Moore? He'll still vote against any relief. That's the kind of person he is. Take a little lookie loo at his wife and her lovely persona.
Source: nbcbayarea - 🏆 596. / 51 Read more »