White House Plans End-Around If Student Loan Giveaway Is Struck Down

  • The Biden administration is quietly preparing for the possibility that the Supreme Court will strike down its controversial student loan forgiveness plan later in June, according to a Wall Street Journal report.
  • Behind the scenes, administration officials are exploring various legal and communications strategies to pursue in the event that the Supreme Court eventually overturns the signature Biden policy, according to the report.
  • The federal student debt cancellation plan allows for millions of individual borrowers to cancel up to $20,000 in federal student loan debt as currently constructed. The court’s majority signaled its critical attitude of the sweeping policy action in oral arguments in February 2023, according to the report.
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