Nivarthy: The Supreme Court Is Right to Scrutinize Student Loan Forgiveness
Last week, the Supreme Court heard oral arguments in two cases that challenge President Biden’s student loan forgiveness plan. President Biden’s plan, introduced by executive order in August 2022, eliminates $10,000 in loan debt for most borrowers and up to $20,000 for Pell Grant recipients. The plan also caps the income eligibility of those receiving loan forgiveness at $125,000 for individuals and $250,000 for couples.