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Supreme Court Signals Skepticism on Biden’s Effort to Forgive Student Debt
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wsj.comWASHINGTON—The Biden administration’s plan to forgive student loans held by 40 million Americans faced a skeptical Supreme Court Tuesday, with conservative justices at times incredulous that federal law allowing the education secretary to provide emergency relief to borrowers could be read to wipe $430 billion from the Treasury’s books.
The administration apparently believes, said Justice Samuel Alito, that when it comes to handing out benefits, “a trillion dollars here, a trillion dollars there, doesn’t really make much difference to Congress,” adding that hardly seemed “very sensible.”
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