A Supreme Court showdown on student loan forgiveness

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Last week, the Supreme Court announced that it would decide on the legality of President Joe Biden’s proposed student loan forgiveness plan. The plan, once on the fast track, has now ground to a halt under the weight of multiple legal challenges. The case that the Supreme Court will hear comes from six Republican-led states and alleges that the forgiveness will affect their state revenues.

Meanwhile, a judge in the Northern District of Texas already struck down the president’s forgiveness program. In that case, the judge ruled that the program was invalid because the Department of Education:

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