How Biden's student debt relief plan landed before the Supreme Court
The plan was to invoke emergency powers because of economic hardship endured from the pandemic and forgive $10,000 in student debt for all borrowers who made less than $125,000, or $250,000 as a married couple, and up to $20,000 for borrowers who had also received Pell grants while they were in school. In part, the White House billed it as a carrot to ease Americans back into loan repayments that they'd been exempt from for nearly three years.
Biden, who was in the midst of campaigning for the midterm elections, maintained that the program was legal and would prevail. At the same time, millions of Americans applied for the relief through the Department of Education's website, proving its popularity. But while early court cases against the program were thrown out for lack of standing -- that is, for lack of someone or some entity showing they were harmed by it -- the subsequent challenges from the GOP were more successful.
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