2022-11-23 12:37:48

Student Loan Debtors Remain in Limbo As Biden Turns to Supreme Court



Student Loan Debtors Remain in Limbo As Biden Turns to Supreme Court

Joe Biden has been stymied in his plans to cancel limited amounts of student debt. After making an August announcement for cancellation of up to $20,000 in debt, depending on borrowers’ circumstances, a lawsuit has stopped Biden’s plan in its tracks.

According to CNN, “About 16 million people have already been approved for up to $20,000 in federal student loan forgiveness…but no debt is currently allowed to be canceled as litigation plays out.”

Now, the President has turned to the Supreme Court for a decision, but there is little hope given the 6-3 conservative super-majority among justices.

 

 

 Rising Up with Sonali is a radio and television show that brings progressive news coverage rooted in gender and racial justice to a wide audience. Rising Up With Sonali was built on the foundation of Sonali Kolhatkar's earlier show, Uprising, which became the longest-running drive-time radio show on KPFK in Los Angeles hosted by a woman. RUS airs on Free Speech TV every weekday.

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debt relief President Biden Student Debt Student Loan Forgiveness Student Loans Supreme Court

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