Here's why Biden administration believes new student loan forgiveness plan will survive legal challenges

After the Supreme Court blocked President Joe Biden 's first plan to forgive student debt, his administration set out to create a relief package that would survive legal attacks.US President Joe Biden speaks about student loan debt relief at Madison Area Technical College in Madison, Wisconsin, April 8, 2024.to forgive student debt last summer, his administration set out to create a relief package that would survive legal attacks.

This time, the Biden administration has narrowed its aid by targeting specific groups of borrowers, including those who've been in repayment for decades or attended schools of low-financial value. It hopes this will help the plan survive in front of a court that is skeptical of broad loan cancellation, experts say.As a result, for critics of broad student loan forgiveness, Biden's new plan looks a great deal like his first.

The HEROES Act was passed in the aftermath of the 9/11 terrorist attacks and grants the president broad power to revise student loan programs during national emergencies. The Biden administration initially tried to use this law because, at the time, the country was under a national emergency status from the Covid-19 pandemic.

"Also, historically, the courts have given some deference to federal agencies with regard to regulatory authority," Kantrowitz said. "That doesn't mean the court won't block new regulations, just that they are less likely to do so."

Source: Education Headlines (educationheadlines.net)

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