President Joe Biden speaks about student loan debt relief at Delaware State University on Oct. 21, 2022, in Dover, Del. The Biden administration officially asked the Supreme Court to reinstate the student loan forgiveness program on Friday, Nov. 18, 2022.

Evan Vucci, Associated Press

President Joe Biden’s administration officially asked the Supreme Court to reinstate the student loan forgiveness program on Friday.

The Washington Post reported that the administration said the program should be reinstated because “its creation was well within the authority of the education secretary and that a lower court decision putting it on hold, ‘leaves millions of economically vulnerable borrowers in limbo.’”

The Department of Education has no longer included the debt relief application on its website, according to Axios.

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What happened to the plan?

The Deseret News reported that the student loan forgiveness program had been put on hold when an appellate court looked into a lawsuit against the plan.

A new block was then put on the Biden administration’s plan, after the original lawsuit was formed, when a Texas federal judge ruled the program was unlawful. These two lawsuits set back the student loan forgiveness program after 40 million eligible, student loan borrowers have already signed up for the plan according to The Washington Post.

Esquire reported that the U.S. Court of Appeals was asked by Department of Justice attorneys if a decision could be …read more

Source:: Deseret News – Utah News

      

When will Supreme Court decide on student loan forgiveness program?

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