President Joe Biden's plan to wipe thousands of dollars in student loan debt for millions of Americans will be at stake as the Supreme Court is set to hear arguments on Tuesday.
In August, the White House mapped out a roadmap to eliminate some debt for a swath of middle- and low-income Americans. Potentially, people making under $125,000 annually could have their student loans reduced by $10,000. Those who have received Pell Grant funds could have a total of $20,000 wiped off of their balance.
A national student loan repayment freeze had been enacted after President Donald Trump declared a national emergency at the start of the COVID-19 pandemic in March 2020. The freeze was then extended by Trump and Biden under the Higher Education Relief Opportunities for Students Act several times since.
An estimated 43 million Americans would benefit from the forgiveness plan if the court sides with the Biden administration. At least 26 million debt holders have already applied, with 16 million of them approved.
If the case is decided against the relief plan, borrowers would have 60 days after the decision to begin making payments — many of whom would be paying for the first time in three years. At the latest, payments could resume in August if a decision has not been reached by June 30.
The Supreme Court will hear arguments about whether a California man is able to trademark the phrase 'Trump too small.' The phrase appears to mock former President Donald Trump and suggests the GOP front-runner is 'too small' for office.
Former president Donald Trump's two sons, Eric and Don Jr., are set to take the stand in the ongoing civil fraud trial against Trump and his companies.
More than 50 local officials signed onto a letter Tuesday calling on the Environmental Protection Agency to help municipal governments cut food waste in their communities.
After more than three weeks of siege, the first Palestinians — dozens of dual passport holders and seriously injured — were allowed to leave Gaza, where Israeli airstrikes pounded a refugee camp for the second day Wednesday.
The nation's top military and diplomatic leaders urged an increasingly divided Congress on Tuesday to send immediate aid to Israel and Ukraine, arguing at a Senate hearing that broad support for the assistance would signal U.S. strength to adversaries worldwide.
