Biden's debt forgiveness program to be argued at Supreme Court | USA TODAY
February 27, 2023
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0:52Now PlayingBiden's debt forgiveness program to be argued at Supreme Court | USA TODAY
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as posted by the channelStudent loan repayments are set to begin again in 2023 hinging on the Supreme Court’s decision on President Biden's student loan forgiveness plan.
RELATEDCollege failStudent loan debt skyrockets
President Joe Biden promised to forgive a portion of student loan debt when he was on the campaign trail. His plan debuted last August. It's been under fire ever since. Now it faces the Supreme Court, where it could come undone over whether Biden overstepped his authority.
Just why is the administration being sued? Two borrowers said Biden didn't give them enough debt relief. Six conservative states said a state-created entity that services student loans faces lost revenue because of Biden's plan. Biden's case does have a shot: A majority of justices could say the wrong plaintiffs sued, for the wrong reasons.
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