Daily Trade News

Supreme Court again declines to block Biden’s student loan relief


The Supreme Court on Friday rejected a second request to block the Biden administration’s student loan debt relief program.

Justice Amy Coney Barrett denied the emergency application to block the program. On Oct. 20, Barrett rejected a similar request.

Close to 26 million Americans have already applied for student loan forgiveness, and the Biden administration has approved 16 million of the requests, the White House said Thursday.

Since the White House unveiled its loan relief plan in August to cancel $10,000 for most student loan borrowers, and up to $20,000 for those who received grants for low-income families, it has faced at least six lawsuits.

This is breaking news. Please check back for updates.



Read More: Supreme Court again declines to block Biden’s student loan relief