The fate of US President Joe Biden’s plan to cancel $430bn in student debt for 40 million borrowers is in the hands of the Supreme Court in a case that presents another major test of executive branch authority in the United States.
The nine justices are to hear arguments on Tuesday in the Biden administration’s appeal of two lower court rulings blocking the policy that he announced in August. The legal challenges were brought by six conservative-leaning states and two student loan borrowers opposed to the plan’s eligibility requirements.
Under the president’s plan, the US government would forgive up to $10,000 in federal student debt for Americans making under $125,000 who took out loans to pay for college and other post-secondary education. That amount would go up to $20,000 for recipients of Pell grants awarded to students from lower-income families.
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