Biden's student loan relief proposal heads to the Supreme Court

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The U.S. Supreme Court will decide whether the Biden administration’s plan to forgive up to $20,000 in federal student loans for eligible Americans is legal.
 
Last month, the Biden administration asked the court to lift an injunction currently blocking the debt-relief plan. If the court wouldn’t lift the injunction, the administration wanted Justice Brett Kavanaugh to grant a petition for a writ of certiorari and for the Supreme Court to hear the case on an expedited schedule. Kavanaugh handles emergency applications for the U.S. Court of Appeals for the Eighth Circuit, which issued the injunction.
 
“Only prompt review by this court would avoid the prolonged uncertainty that the Eighth Circuit’s sweeping injunction would otherwise inflict on millions of vulnerable borrowers,” Solicitor General Elizabeth Prelogar wrote in a court filing this week.
 
Oral arguments in the case will be held in February as part of the court’s current session; meanwhile, the injunction remains in place, according to the court’s announcement yesterday.