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Supreme Court questions Biden administration lawyer on legality of student loan relief that would affect 40 million borrowers - TL;DR CNBC

Supreme Court questions Biden administration lawyer on legality of student loan relief that would affect 40 million borrowers

Publishing timestamp: 2023-02-28 12:26:54


Summary

The Supreme Court began hearing arguments about the student loan debt relief program enacted by the Biden administration. Plaintiffs challenging the plan include a group of Republican state attorneys general who argued that Congress needs to approve such loan waiver. The Chief Justice John Roberts and Justice Sonia Sotomayor questioned the Solicitor General Elizabeth Prelogar, who is defending the program, about the argument by the plaintiffs. Experts have said they expect the high court to overturn the plan if it finds there is standing, because of the presence of six conservatives on the bench.


Sentiment: NEUTRAL

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Keywords: student loans,  u.s. department of education,  education,  personal finance,  john roberts,  campbell soup co,  business news,  politics,  us supreme court,  courts,  higher education,  personal loans,  breaking news: politics,  laws,  elena kagan,  joe biden,  business, 

Source: https://www.cnbc.com/2023/02/28/biden-student-loan-case-argued-at-supreme-court.html


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