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Oral arguments got underway at the Supreme Court Tuesday morning over President Biden’s plan to wipe away billions of dollars in federal school loan debt for millions of Americans.
The court’s six-member conservative majority took up the giveaway, which has already been blocked by Republican-appointed judges in lower courts, in a closely watched case that will test the extent of the executive branch’s authority.
The program, a 2020 campaign promise by Biden, is estimated to cost $400 billion over the next 30 years.
It would forgive up to $10,000 in federal student debt for Americans earning under $125,000 and up to $20,000 for recipients of Pell Grants.
