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Reason
Reason
Ilya Somin

THE TRUTH ABOUT: Loan forgiveness litigation round up - The Untold Story

Silhouettes of students wearing caps. The students are made out of money.

In this post, I provide a long-promised round-up of developments in the litigation over Biden's massive $400 billion loan forgiveness program, other than the case the Supreme Court recently decided to hear (a lawsuit brought by six GOP-controlled state governments). For those who just want to focus on the Supreme Court case,  I have gone over it and the associated lower court decisions here, here, here, here, and here. For my more general critique of the legal rationale for the loan forgiveness program—which has much in common with Donald Trump's attempt to divert funds to build his border wall—see here. For an overview of the issue of standing, which may be the main obstacle to getting courts to strike down the plan, see here.

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