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THE USD VISTA Biden’s student loan relief plan
from Volume 60 Issue 16
Supreme Court weighs constitutionality of debt forgiveness
Student loans are a topic all too familiar for many college students, especially in America. In August of last year, President Biden released a plan to ease the burden of student debt for 43 million borrowers. This plan would forgive $10,000 in federal student loan debt for individuals who make under $125,000 or households that make under $250,000, with an additional $10,000 forgiven for Pell Grant recipients.
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Student loan forgiveness was a vital component of Biden’s presidential campaign and has been a hot debate in the past few years, as college tuition continues to rise. According to NPR, critics of student debt relief say that it could lead to increased inflation. Some also believe it’s not fair to those who worked hard to pay off their debt on their own.
At the end of February, the Supreme Court started hearing arguments on the legality of Biden’s student loan relief plan. Challenges came from six