U.S. Supreme Court’s ‘major questions’ test may doom Biden student debt plan
John Kruzel
February 23, 2023
WASHINGTON, Feb 23 (Reuters) – Shanna Hayes in 2007 became the first member of her immediate family to attend college. She did not realize she was setting off on a path toward another, less-welcome family first – racking up more than $150,000 in student debt.
“At no point did I actually have that conversation,” Hayes said, referring to her lack of financial planning before enrolling at New England College in New Hampshire. “And to be honest, I didn’t ask.”
The finances of Hayes and millions of other Americans are in the hands of the U.S. Supreme Court as it hears arguments next Tuesday in appeals by President Joe Biden’s administration of lower court rulings blocking his plan announced last August to cancel $430 billion in student debt.
