On Wednesday, President Joe Biden said he’s not confident whether the Supreme Court will clear his student loan forgiveness plan.
What is the Complete Story?
On Tuesday, an oral argument was going on in the Supreme Court on the Biden administration’s student loan relief plan, which would eliminate up to $20,000 per borrower.
Biden says that he is not confident whether Supreme Court justices will agree with his program as the majority of justices were skeptical about his student loan plan in the argument.
He said he’s confident they’re on the right side of the law, but he’s not confident about the outcome of the Court’s decision yet. The White House administration and Biden were very confident about the president’s legal authority to implement the student loan plan.
However, the White House has avoided discussing any alternative or Plan B if the Supreme Court will not clear the program.
Press secretary Karine Jean-Pierre made a statement that the plan we put forward in August is the only plan we have right now, and we believe in the legal authority to get it implemented.
US Solicitor General Elizabeth Prelongar was the representative of the Biden administration during the argument in the Supreme Court, who attempted to lend off challenges from six GOP-led states and particular challenges from two individuals.
Karine said our complete focus is on implementing the student loan plan, as you can see how strongly Elizabeth kept an argument in front of the court.
What will be the Fate of Biden’s Student Loan Forgiveness Plan?
One of the questions whether Congress clearly gave authority to forgive debts through the HEROES act will decide what is going to be the fate of Biden’s student loan program.
However, the White House repeatedly pointed to the law because it allows the education secretary to modify the federal student financial assistance programs. The Supreme Court’s decision on the student loan relief plan may not come until May or June.