Supreme Court is hearing arguments on a case that could
prevent President biden from enacting one of his signature policies.
Cheddar zone lisa. Benetton is in Washington D. C.
With all the details so lisa what is cheddar learning
from the national top of the nation's top court.
Hi Shannon. Well, that's right.
The highest court in the land is preparing to decide
the fate of President biden's signature student loan relief program,
protesters in favor of loan relief gathered in front
of the court this morning calling for the Supreme Court
to stand with biden telling me that americans should
not have to deal with this kind of debt.
This says the court hears two cases that challenge that debt relief program
grant borrowers anywhere between 10 and $20,000 of debt cancelation.
Now the first case was brought by a
group of Republican states that opposed the policy
seek to overturn it based on how it
will impact a Missouri based student loan administrator
in that state's tax revenues.
Now,
one of the big questions in this case is
whether the states have legal standing that is,
can we prove they are harmed by the student loan
relief and are therefore eligible to file a lawsuit.
And there's actually another case from two individuals who
think that this program will negatively affect them.
So what do we know about?
Yeah,
the Supreme Court hearing both of those cases today and that case was brought by
two student loan borrowers who claimed that the
student loan relief plan actually harmed them.
The High court in this case is going to decide whether the Secretary of
Education has the authority to enact this
student loan relief under a 2003 law called
the Heroes Act.
Now,
that act gave the Secretary of Education authority to waive or
modify the terms of student loans during a national emergency Justice,
are going to have to decide whether that
law empowers the secretary to make that decision
on his own or whether Supreme Court test
called the major questions doctrine applies here.
That doctrine constrains the federal government from enacting policies
that Congress should be able to weigh in on.
We're likely going to hear a resolution from the High Court earlier this summer,
so students and any other borrowers are going to have to be patient.
All right. We'll try to be patient at least. Right. All right, thank you so much lisa.