Amy Coney Barrett denies request to...iveness plan but program remains blocked

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Supreme Court Justice Amy Coney Barrett on Friday once again denied a request to challenge President Joe Biden’s student loan forgiveness plan, but her brief order will not change the status quo.

As things stand, there are several pending lawsuits in play, and the Biden administration already is temporarily blocked from canceling student debt.

Experts believe that one challenge – brought by six states – will likely eventually make it to the high court because it has the fewest procedural hurdles. That case is currently before the 8th US Circuit Court of Appeals, which has issued an administrative stay of the program while it considers the states’ request for a preliminary injunction.
The argument against the six AG lawsuit against Student Loan forgiveness is that borrowers are not obligated to stay with the lender - in these cases, the lenders are states with state-run student loan programs. A borrower can have another bank or loan company can buy that loan and the state's student loan program will lose on that interest anyway. There really is no merit to the the AG's lawsuit.

The only reason why these states got into the student loan business in the first place is because of the money to be made from the interest from the loan. It certainly wasn’t to help anyone but themselves.

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