Biden Can Cancel Student Debt Even If Supreme Court Blocks Order, Advocates Say
- Supreme Court ruling on Biden debt relief expected this week
- Activist groups to pressure White House if plan is struck down
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Advocates of student debt relief want President Joe Biden to use a 1965 law to cancel student debt if the Supreme Court overturns his loan forgiveness program.
Biden’s current plan — to forgive as much as $20,000 in federal loans for certain borrowers making less than $125,000 per year, $250,000 for households — is based on his authority in the 2003 Heroes Act. A Supreme Court ruling invalidating the loan forgiveness program looks likely as the court issues some its most momentous decisions this week.