US Supreme Court Justice Amy Coney Barrett declined to block President Joe Biden's plan to cancel billions of dollars in student debt in a challenge to the policy's legality by a Wisconsin taxpayers organization represented by a conservative legal group. She denied an emergency request to put on hold the debt forgiveness plan for people who had taken out loans to pay for college
Biden's Student Loan Plan
- Biden announced that the US government will forgive up to $10,000 in student loan debt for borrowers making less than $125,000 a year, or $250,000 for married couples.
- The policy fulfilled a promise Biden made during the 2020 presidential campaign to help debt-saddled former college students
- It is expected to cost the government about $400 billion
- Democrats hope the policy will boost support for them in the upcoming midterm elections
https://nypost.com/2022/10/20/supreme-court-upholds-bidens-student-debt-forgiveness-plan/
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