During oral arguments on Feb. 28, conservative members of the Supreme Court seemed skeptical of Biden administration statements that the government’s plan to partially forgive student loans is authorized by federal law.
U.S. Solicitor General Elizabeth Prelogar told the High Court that the federal Higher Education Relief Opportunities for Students Act gives the federal secretary of education blanket authority to grant loan forgiveness en masse, a contention several justices found fault with.
Biden introduced the plan in August 2022 in a move critics decried as a constitutionally dubious attempt to help Democrats in November 2022 congressional elections. The Congressional Budget Office said the plan could cost about $400 billion, but the Wharton School estimates the price tag could blow past $1 trillion….}