Supreme Court's conservative justices signal skepticism of Biden's loan forgiveness plan: Recap

Contributing sentiments towards policy:

67% : Biden: 'I have your back' on student loansBiden addressed the student loan litigation briefly during remarks Monday night.
58% : This is a specific type of student loan backed by the federal government but held by private entities.
55% : SHARE SHARE TWEET SHARE EMAIL What to watch nextBiden Admin. starts accepting Chips Act applicationsMSNBCWhat To Know About The SCOTUS Student Loan Forgiveness HearingsNewsweekUK & EU reach deal on trade for N. IrelandCNN
54% :Pivoting from the legal arguments, U.S. Solicitor General Elizabeth Prelogar made an emotional appeal about the "tens of millions of student loan borrowers in this country" who were devastated financially by the COVID-19 pandemic.
52% :Prelogar added: "The fact that there are already statutory provisions for things like deferment and forbearance and discharge demonstrates that Congress could foresee that all of those are ways that you grant financial relief to student loan borrowers.
51% : That law, the administration argues, gives the education secretary the ability to "waive" or "modify" student loans during a national emergency.
49% : The program has since been discontinued as the government now directly issues student loans.
48% :- Joey GarrisonJohn Roberts: 'More than half the people' don't need help on student loansChief Justice John Roberts pressed the Biden administration on its own findings that more than half of borrowers predicted they would be able to repay their loans - and suggested, given that, Congress should be the entity that decided how to structure the program.
46% : U.S. Solicitor General Elizabeth Prelogar said canceling student loan debt is not based on regulatory authority but "the administration of a benefits program."
44% : However, many borrowers would still have at least $20,000 in student loan debt if Biden's plan were allowed to stand - even if they received the full $20,000 of relief.
43% : "And the relief for these Americans has been held up by two student loan borrowers who don't even have standing and whose claims fail on the merits.
43% : Newsweek UK & EU reach deal on trade for N. Ireland John Vause talks with Dominic Thomas, CNN European Affairs Commentator about new trade rules for Northern Ireland CNN UP NEXTBiden proposed wiping away $20,000 worth of debt for borrowers who also used a Pell Grant to pay tuition.
42% : "For those Americans, this is a critical lifeline to ensure that they are not subject to the severe negative consequences of delinquency and default on student loan debt," Prelogar said.
42% : Against a backdrop of Bob Marley music, activists had begun packing away their signs reading "Drop the Debt," "Student Debt Cancellation Is Legal," "Dreams Not Debt" and "C.L.E.A.R.
42% :What to know: Everything to know about student loan forgiveness planPlan B: Millions of borrowers have had billions in student loan debt erased, and there's more to come.
41% : She argued that to suggest Biden's forgiveness of student loan debt "creates a brand-new program," as argued by Nebraska and other states that sued the Biden administration, would "leave very little room for the Heroes Act to operate at all."
39% : "- Joey GarrisonMany borrowers will still owe even if Biden plan allowed to go forwardNebraska Solicitor General James Campbell stated that 20 million borrowers would be left without student loan balances if the debt forgiveness were approved.
39% :- John Fritze and Joey GarrisonJustice Thomas wrote of 'crushing weight' of student loans
38% :- John FritzeJustices question 'half a trillion' cost of Biden's actionsJustices pressed the Biden administration's lawyer on the projected $400 billion cost of Biden's action to forgive student loan debt, suggesting such a move goes beyond the 2003 Heroes Act that allows the president to "waive or modify" loan provisions.
38% : Others proclaimed that "Student debt cancellation is illegal."
37% :Rough ride ahead: Biden will be playing defense on student loans at Supreme Court
36% : Some carried signs that read "Cancel Student Debt."
36% : They chanted phrases throughout, such as "D-E-B-T, student debt is crushing me!"
36% : Whether the current plaintiffs have standing will be a central part of the argument Tuesday as well.- John FritzeMore: Biden will be playing defense on student loans at the Supreme Court.
35% : That millions of Americans are subject to insurmountable debt they're unable to pay off with their jobs "feels so obviously wrong," said Reed, who has about $17,000 in student debt left.
34% : The Supreme Court won't have far to look if it wants a personal take on the "crushing weight" of student debt that underlies the Biden administration's college loan forgiveness plan.
33% : WASHINGTON - The Supreme Court's conservative wing signaled deep skepticism Tuesday over President Joe Biden's plan to wipe away $400 billion in student loan debt, suggesting the administration may have overstepped its authority by creating a program estimated to benefit more than 40 million borrowers.
28% : Roberts said the student loan case reminded him of a case in 2020 in which the Supreme Court, in a 5-4 decision, blocked unilateral action by former President Donald Trump to dismantle the Obama-era DREAMers program for undocumented immigrants.
26% : If Biden could postpone student loan debt payments, he can cancel debtU.S. Solicitor General Elizabeth Prelogar pushed back against the plaintiffs' claims that Biden abused his power granted in the Heroes Act, likening the cancelation of student loan debt to postponing loan repayments, which was allowed under the same law.
26% : In a troubling sign for the prospects of Biden's student loan program, Chief Justice John Roberts smacked down the central premise of the administration's legal argument: that the president had the authority to act unilaterally to wipe out student loan debt without Congress.
24% : She said they will be hurt even more financially after Biden's freeze on student loan repayments ends.
20% :- Joey GarrisonClarence Thomas, John Roberts use first questions to question Biden's powerAssociate Justice Clarence Thomas started off the arguments Tuesday questioning under what authority the administration seeks to cancel student loans.

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