US Supreme Court Refuses to Block Biden’s Student Loan Forgiveness Program

this The United States Supreme Court on Friday rejected a second request by the administration to block the student loan forgiveness program. Biden, after a federal court in the state of Indiana ruled against this measure.

US Supreme Court Judge Amy Coney Barrett He refused to accept the legal challenge presented by the leaders of the six states led by the Republican Party. They sought to prevent the country’s government from donating up to $10,000 in student debt to young people earning less than $125,000 a year, CNBC reported.

Previously, the conservative law group was involved in Biden’s student loan forgiveness program. injured Indiana taxpayersand a month ago, another Republican group justified its appeal, arguing that the federal government “doesn’t have the power to cancel the debt because Congress didn’t allow it.”

In either case, a federal district court denied the allegations and dismissed the objections.Concluding that the plaintiffs had no legal basis to present themselves, it took the case to the Supreme Court.

However, despite the Supreme Court judge’s rejection, the debt cancellation program will continue to pause According to Forbes magazine, it’s because of another court order that blocked the process until it was resolved in court.

Even so, the temporary suspension of the program doesn’t prevent borrowers from continuing to apply for student debt relief or stop reviewing applications to be ready when the blockade ends, White House spokeswoman Karine Jean said two weeks ago. – Pierre.

Biden’s plan It offers to cancel the $10,000 debt incurred by all young people earning less than $125,000 a year. According to the White House, donations amount to $20,000 for those receiving public grants for higher education.

The U.S. Administration estimates that 45 million citizens owe this type of debt, totaling $1,600 million. Around 16 percent of these people do not have the resources to pay for them and this burden is particularly heavy on traditionally vulnerable groups such as the black community.

Despite several attempts by the Republican Party to repeal the measure, the US government has argued that it has the authority to cancel the debt through the Higher Education Student Aid Opportunity Act of 2003. Legislation allows the Minister of Education to cancel student loan debt borrowers at times “national emergency”.

Source: Informacion

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