Can Joe Biden cancel student loans if Supreme Court strikes down plan?

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Some activists have continued pushing for the use of a 1965 law that they believe gives the federal government strong authority over student loans.

, which is expected to rule on it soon. Given that conservative justices dominate the Court with a 6-3 majority, the odds of the plan's survival appear low.

Students from George Washington University wear their graduation gowns outside of the White House on May 18, 2022. The Supreme Court is expected to rule soon on President Joe Biden's student loan forgiveness plan.The law, Taylor and others have argued, grants the U.S. Department of Education the authority to"enforce, pay, compromise, waive, or release any right, title, claim, lien, or demand" pertaining to federal student loans.

Others have pushed back against this alternate path to student debt forgiveness. Jed Shugerman, a law professor at Fordham University, told thethe Higher Education Act method would be much more time-consuming and easily delayed, potentially stalling relief until after the 2024 election and jeopardizing student debt relief altogether if Biden is not reelected.

 

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Student loan forgiveness backers warn President Joe Biden ‘failure isn’t an option’Advocates of student debt relief want President Joe Biden to use a 1965 law to cancel student debt if the Supreme Court overturns his loan forgiveness program.
Source: chicagotribune - 🏆 8. / 91 Read more »