is set to hear arguments in February on the merits of President Biden’s student loan forgiveness program, Fox News Digital has learned.
For now, the forgiveness program will remain blocked, and the court likely won’t make a decision on whether the widespread are legal until late June. That's around the time the newly extended pause on loan repayments is set to expire.The administration had wanted a court order that would have allowed the program to take effect even as court challenges proceed. But as a fallback, it suggested the high court hold arguments and decide the issue.Biden's plan promises $10,000 in federal student debt forgiveness to those with incomes of less than $125,000, or households earning less than $250,000.
The Congressional Budget Office has said the program will cost about $400 billion over the next three decades.Education DepartmentThe Texas case is one of two in which federal judges have forbidden the administration from implementing the loan cancelations. In a separate lawsuit filed by six states, a three-judge panel of the 8th U.S. Circuit Court of Appeals in St. Louis also put the plan on hold, and that case is before the Supreme Court.
Kiss it goodbye, boys and girls.
Biden will lose.
who paid your off your loan?.....sorry id like a second opinion ill call you back.....
But Biden got it passed by one or two votes already?
Unconstitutional
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