One of the most consequential separation-of-powers cases in American history.The Wall Street Journal’s Editorial Board describing the significance of two oral arguments being made before the Supreme Court. The cases will determine the future of Pres. Biden’s plan to cancel up to $20,000 in student loan debt.
Why It Matters: The Supreme Court ruling – expected later this year – will affect around 40 million people with student loans. The cases are primarily concerned about presidential power without congressional support. The Biden administration has argued that those suing have failed to show how the student loan program hurts them and thus lack the grounds to sue.
The Two Cases: One is from six Republican-led states: Arkansas, Iowa, Kansas, Missouri, Nebraska, and South Carolina. The other is from two Texas borrowers that are backed by a conservative advocacy group.
What to know as student loan forgiveness plan goes to Supreme Court (The Washington Post)
The King, Student-Loan Forgiveness, and the Supreme Court: The WSJ’s Editorial Board’s Opinion Piece.
by Jenna Lee,