Millions of Americans with student debt are awaiting a Supreme Court ruling on the legality of a Biden administration policy to forgive large amounts of loans.
Yet the plaintiffs trying to block forgiveness say the president is incorrectly using the law, which they argue allows only for narrow applications of relief and not the kind of across-the-board loan cancellation the president wants to deliver. Around 37 million people would benefit from Biden's program.
Two legal challenges against the program made it to the high court: one brought by six GOP-led states — Arkansas, Iowa, Kansas, Missouri, Nebraska and South Carolina — and another backed by the Job Creators Network Foundation, a conservative advocacy organization. The states argue that a reduction in loan business for the companies in their states that service federal student loans would hurt their bottom line. Meanwhile, the complaint by the Job Creators Network Foundation centers on two student loan borrowers who would be partially or fully excluded from the aid.
[Justice] Barrett was vocally and deeply uncomfortable about ruling that any of the plaintiffs had standing.Before the justices considered these challenges during oral arguments at the end of February, most legal experts expected the conservative justices to side with the plaintiffs.
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