Wirestock | Istock | Getty Images
Supreme Court to hear two challenges
Biden announced in August that tens of millions of Americans would be eligible for cancellation of their education debt — up to $20,000 if they received a Pell Grant in college, a type of aid available to low-income families, and up to $10,000 if they didn’t.
Since then, Republicans and conservative groups have filed at least six lawsuits to try to kill the policy, arguing that the president doesn’t have the power to cancel consumer debt without authorization from Congress and that the policy is harmful.
The Supreme Court has agreed to hear two of those legal challenges: One brought by six GOP-led states that argue that forgiveness will hurt the companies in their states that service federal student loans, and another involving two plaintiffs who say they’ve been harmed by the policy by the fact that they are partially or fully excluded from the loan forgiveness.
Higher education expert Mark Kantrowitz said the Biden administration made many strong arguments in its brief.
“The federal government does a very good job of demonstrating that the plaintiffs lack legal standing,” Kantrowitz said.
This is a breaking news story. Please check back for updates.
