Some 26 million Americans are having debt relief held up by court rulings.
President Joe Biden's administration plans to ask the Supreme Court to reinstate a student debt forgiveness program that has been held up by lower court decisions, as legal disputes prevent the federal government from providing up to $20,000 of loan relief to millions of borrowers.... [+]The administration said in a court filing Thursday it will ask the Supreme Court to overturn a ruling from the 8th Circuit Court of Appeals temporarily blocking debt cancellation.
The filing came as part of an appeal to a separate ruling from a conservative Texas federal judge who struck down the debt reliefThe Education Department shut down its application for student debt relief following the Texas ruling, though the administration saidThe Supreme Court has not ruled on the merits of any challenges to the student debt relief program, but conservative Justice Amy Coney...
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