Supreme Court to hear student debt forgiveness case

Report Issue

Please complete the required fields.

Your Name

Email

Reason (required)
This post contains broken linksPost has incorrect informationPost has spamCopyright IssueOther

Description

Submit

The Supreme Court agreed on Thursday to decide whether the Biden administration had overstepped its authority with its plan to wipe out billions of dollars in student debt.
The justices put the case on an unusually fast track, saying they would hear arguments in February. In the meantime, though, they left in place an injunction blocking the program.
The court’s brief order gave no reasons and did not note any dissent.
The court acted after the Justice Department filed an emergency application asking the justices to lift the injunction, which had been issued by the U.S. Court of Appeals for the Eighth Circuit, in St. Louis, at the request of six Republican-led states.
The program, which forgives up to $20,000 in debt for millions of federal borrowers, has set off a flurry of legal battles, but the one filed by the six states — Nebraska, Missouri, Arkansas, Iowa, Kansas and South Carolina — may represent the most serious threat. The states have said that Mr. Biden’s proposal exceeds his executive authority and would deprive them of future tax revenue.