Biden's student loan forgiveness plan goes before Supreme Court Tuesday. What borrowers need to know

One case was brought by six Republican-led states that say they would be harmed financially if the forgiveness program goes into effect. The other case was brought by two borrowers in Texas who don't fully qualify for debt forgiveness under the program.

If the Supreme Court rules that the Biden administration's student loan forgiveness program is legal and allows it to move forward -- or if the court dismisses the challenges due to a lack of "standing," or the legal right to bring the disputes in the first place -- it's possible the government will begin issuing some debt cancellations fairly quickly.

Federal Direct Loans, including subsidized loans, unsubsidized loans, parent PLUS loans and graduate PLUS loans, would be eligible for the program. "The administration could implement some other version of this installation under a different legal authority, but that may well generate its own litigation and we end up in the same place," Herrine added.

Additionally, in July, changes will be made the Public Service Loan Forgiveness program, which allows certain government and nonprofit employees to seek federal student loan forgiveness after making 10 years of qualifying payments. The changes will make it easier for some borrowers to receive debt forgiveness.

They cite data that shows borrowers who previously had their payments paused due to an emergency like a hurricane were at a higher risk of default after the pause expired.

As I said before and I say again, no student should have to start out their life with a tremendous debt to pay. There are many ways to get our children educated, let’s put our thinking caps on to eliminate this horror.

People that work with their hands should not have to pay for the tuition and brainwashing of delicate, snowflake, well to do kids.

Instead of United States taxpayers, who will they get to pay it? Maybe we could get China to pay for it? You think?

This was all a vote grab program. Student loans should be interest free not forgiven. Millions of tax payers who never went to college should not have to pay the debt of adults who signed a contract.

No, pay your own bills!

Get off your ass and pay your loans. Pathetic losers. Get JOBS!

How about a nice compromise, make the loans interest free.

And keep trying got to keep those voters thinking your trying to help

This is a win-win situation.....If they are forgiven , It's a win for them and Biden....If they are NOT, it pisses of millions and millions of VOTERS for 2024

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.

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. When Biden was a Sen. He made a law that students could NOT write off school debit during bankruptcy. Universities supported this. After that, Universities and college started raising tuition to go to school. If some decides to go to school. They pay the bill, not the public
Source: FoxNews - 🏆 9. / 87 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. It's a bailout. Call it a bailout. Due diligence on the judges a must. Just Say NO .
Source: dcexaminer - 🏆 6. / 94 Read more »

Supreme Court case against Biden student debt relief could hinge on MissouriA group of six GOP-led states challenging the Biden administration's student debt relief plan at the Supreme Court first must answer how, exactly, they are harmed. True story! They have no standing to attack loan forgiveness. Republican Attorney Generals - “who saw it as a costly bailout to college students at the expense of other American taxpayers.” It’s ok to subsidize oil and gas, farmers, and other industries. It’s ok to bailout banks and car manufacturers. Help out American Citizens, naw!
Source: ABC - 🏆 471. / 51 Read more »

Biden's student loan forgiveness plan goes before the Supreme Court Tuesday. Here's what borrowers need to know | CNN PoliticsMillions of student loan borrowers could see up to $20,000 of their debt canceled depending on the outcome of Tuesday’s US Supreme Court hearing on President Joe Biden’s student loan forgiveness program. democrats trying to win votes by pandering to entitled kids who want other people to pay for their debts Why should people who haven’t attended college pay my debt? Lmao that’s not even half my student debt
Source: CNN - 🏆 4. / 95 Read more »

Biden's student loan forgiveness plan goes before Supreme Court Tuesday. What borrowers need to knowIf the Supreme Court strikes down Biden's student loan forgiveness program, it could be possible for the administration to make some modifications to the policy and try again.
Source: ABC7NY - 🏆 592. / 51 Read more »