The U.S. Supreme Court heard oral arguments on Feb. 28, 2023, regarding a multistate lawsuit to block the Biden administration's student loan debt cancellation program. The Conversation asked John Patrick Hunt, a law professor at the University of California, Davis, and Celeste K. Carruthers, an economics professor at the University of Tennessee, what's at stake and what clues the court has given as to how it may rule on the matter.
What's the case about?
Hunt: The conflict is about whether the Biden administration can cancel some student loans owed to the federal government. The administration in 2022 announced plans to cancel up to US$10,000 in student loan balances for borrowers who earn under $125,000 per year ($250,000 if married), as well as an additional $10,000 for borrowers who were lower-income Pell Grant recipients when they took out their loans.
Sign up to read this article
Read news from 100's of titles, curated specifically for you.
