The U.S Supreme Court on Friday was set to rule on the legality of President Joe Biden's plan to cancel $430 billion in student loan debt - a move intended to benefit up to 43 million Americans and fulfill a campaign promise.

The U.S Supreme Court on Friday was set to rule on the legality of President Joe Biden’s plan to cancel $430 billion in student loan debt - a move intended to benefit up to 43 million Americans and fulfill a campaign promise.

  • BraveSirZaphod
    11•1 year ago

    It’s a genuine legal question that’s being decided, because the legal foundation of the loan forgiveness is shaky, at best. Biden had openly said as much.

    You’re correct that it’s not the judges’ business to forgive loans, and that’s not what’s happening. They’re deciding whether the Executive actually has the legal authority to do it or not. You’re only hearing about a bunch of cases in the past few days because SCOTUS releases decisions in batches, with a large wave coming each June.

    • jon
      3•1 year ago

      The problem is that this should be the job of congress to pass a student debt relief bill. But congress can’t come together to decide what color the sky is much less major economic reform.