White House Asks Supreme Court To Unblock Student Loan Forgiveness Program
By Bill Galluccio
November 18, 2022
The Biden administration filed an appeal with the Supreme Court asking it to reinstate the student loan forgiveness program that was blocked by the 8th U.S. Circuit Court of Appeals on Monday (November 14).
U.S. Solicitor General Elizabeth Prelogar asked the Supreme Court to allow the government to begin forgiving between $10,000 and $20,000 for the millions of people who have applied for relief. Prelogar warned that many borrowers may default on their obligations while the legal challenges make their way through the courts.
She wrote that the nationwide injunction "leaves millions of economically vulnerable borrowers in limbo, uncertain about the size of their debt and unable to make financial decisions with an accurate understanding of their future repayment obligations."
The student loan relief program has faced several legal challenges and was recently declared an "unconstitutional exercise of Congress's legislative power" by a federal judge in Texas. The Biden administration asked the U.S. Court of Appeals for the 5th Circuit to issue an injunction blocking the decision while it appeals the ruling from U.S. District Judge Mark Pittman.