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The Supreme Court on Thursday announced it will expedite review of the legality of President Biden’s plan to cancel federal student loan debt for millions of borrowers, and hold oral arguments in February.
Lower courts have put the program, which the administration said was justified by repayment problems amplified by the pandemic, on hold. The Biden administration asked the justices to either allow it to go forward while legal challenges continue or to take up the issue themselves. It recently extended the pause on federal loan repayment, which was scheduled to expire at the end of the year, to give the high court time to act.
The plan will remain on hold as the court deferred action on the administration’s request to restore it.
The Biden plan would cancel up to $20,000 in federal student loan debt for more than 40 million borrowers. The U.S. Court of Appeals for the 8th Circuit had granted the request of a coalition of six Republican-led states to…
This article was written by Robert Barnes and originally published on www.washingtonpost.com