The Biden administration asked the Supreme Court to weigh in on its student loan forgiveness plan on Friday and let the program resume.
The plan has faced several legal disputes and is officially on hold after a ruling from an appellate court this week.
On Monday, the U.S. Court of Appeals for the 8th Circuit ruled in favor of a group of six Republican-led states who asked the court to pause any debt forgiveness during its court proceedings. The court issued an injunction that halted the plan. Last month, the court issued an administrative stay to the states, but this week found that at least one state has standing to sue.
U.S. Solicitor General Elizabeth B. Prelogar told the high court in a filing that the “Eighth Circuit’s erroneous injunction leaves millions of economically vulnerable borrowers in limbo, uncertain about the size of their debt and unable to make financial decisions with an accurate understanding of their future repayment obligations.”
If the Supreme Court does…
