President Joe Biden said he’s not confident that the Supreme Court will decide in his favor on student loan debt forgiveness.
The president shared his concerns in responses to questions from reporters at the White House on Tuesday.
Biden says he’s not confident Supreme Court will clear student loan forgiveness plan https://t.co/oPg8U96imS pic.twitter.com/ax4l27uflA
— The Hill (@thehill) March 2, 2023
The comments
“I’m confident we’re on the right side of the law. I’m not confident about the outcome of the decision yet,” Biden said.
White House Press Secretary Karine Jean-Pierre also added to the president’s comments on the subject.
“The plan that we put forward in August is the plan that we have, which is also a plan that you heard the solicitor general really defend in a strong and powerful way yesterday. And that’s our plan, and we believe in our legal authority to get that done and get that implemented,” she stated last week, according to the report.
President Joe Biden on Wednesday raised clear concern that the Supreme Court may decide to strike down his student debt cancellation program, one day after several conservative justices expressed skepticism about the administration’s authority. https://t.co/uwxxxI61T5
— CNN Politics (@CNNPolitics) March 2, 2023
The issue
“The Biden administration received 26 million applications for the program, which has been frozen as the court battles have played out, and more than 16 million applications had already been approved,” CNN explained.
“If the litigation is not resolved by June 30, federal student loan payments, which have been paused during the pandemic, are scheduled to resume 60 days after that date,” it added.
.@POTUS isn’t confident the conservative-majority Supreme Court will uphold his student-debt relief plan:
“I’m confident we’re on the right side of the law. I’m not confident about the outcome of the decision yet.”https://t.co/jfG0SbNtMr
— Ayelet Sheffey (@arsheffey) March 2, 2023
The Supreme Court’s decision is not expected until summer, with much that could happen in the months leading to the ruling.
The plan proposes to cancel up to $10,000 in student loan debt for Americans making $125,000 or less per year, or $250,000 for married couples.
Critics blast the plan as unfair to Americans who did not take on the loans, with many concerns over the cost the forgiveness plan could have on the nation’s economy.
The controversy is likely to play a major part in the 2024 presidential campaign as Biden seeks a political victory and conservatives blast the move as wasteful spending by the left.