A majority of the Supreme Court's conservative justices seem skeptical of Biden's student loan relief plan.
Student loan borrowers and advocates gather Tuesday for a rally during the Supreme Court's arguments on President Biden's student debt relief plan.Jemal Countess/Getty Images for People's Rally
Both the Trump and Biden administrations invoked the law to pause student debt payments without penalties during the pandemic. Then last year, President Biden, pressed by some progressives in his own party, went further with a plan to provide up to $20,000 in debt relief for borrowers with limited earnings.Estimates of the plan's cost have ranged from $300 billion to $430 billion, but on Tuesday at the Supreme Court, Chief Justice John Roberts went high.
Prelogar replied that in this case, the secretary of education made the necessary findings to justify the loan forgiveness. Without relief for debtors, there will be a"wave of default across the country with all of the negative consequences that has for borrowers," she said. Indeed, she argued, the Biden plan"is precisely the type of context where the executive should be able to implement those emergency powers.
The court's three liberals had a very different view. Justice Elena Kagan pointed to the expansive words of the statute. On Tuesday, the states hung their argument on a claim that the Biden plan, by discharging millions of loans, could end up depriving the state of Missouri of revenue from the Missouri Higher Education Loan Authority, known as MOHELA.
Justice Ketanji Brown Jackson added that the court should"be concerned about jumping into the political fray unless we are prompted to do so by a lawsuit that is brought by someone who has an actual interest."
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Supreme Court’s Conservative Majority Wary Of Biden’s Student Loan Forgiveness PlanThe court heard arguments in two cases against President Joe Biden’s program Tuesday.
Weiterlesen »
The biggest election of 2023 reaches final sprintLiberal and conservative groups are pouring money into the high-stakes Wisconsin Supreme Court race.
Weiterlesen »
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.
Weiterlesen »
U.S. Supreme Court about to hear arguments over Biden’s student loan forgiveness plan | amNewYorkWASHINGTON (AP) — The Supreme Court is about to hear arguments over President Joe Biden’s student debt relief plan, which impacts millions of borrowers who
Weiterlesen »
Supreme Court weighs Biden's student loan relief: 5 things to watchAs the Supreme Court prepares to hear two challenges against the Biden administration's student loan relief plan, more than 20 organizations are gearing up to rally in defense of the policy on Tuesday.
Weiterlesen »
Biden's student loan forgiveness plan to face crucial test at Supreme CourtThe program would cancel up to $10,000 in federal student debt for Americans earning less than $125,000 annually, and an additional $10,000 for recipients of Pell Grants.
Weiterlesen »