A ruling from the Supreme Court against the White House’s student debt relief program could impact more than 800,000 Maryland student loan borrowers who are currently eligible for relief according to data from the federal Department of Education.
So far, about 320,000 Maryland borrowers have had their loans forgiveness applications approved by the Education Department. Maryland ranks second in the nation for average student loan debt burden, according to data from the Education Data Initiative, a nonprofit research group that examines data from the federal government.
Justices heard oral arguments Tuesday in two cases, Biden v. Nebraska and Department of Education v. Brown, which both feature challenges to the Biden administration’s authority to forgive student loans under the 2003 HEROES Act.
However, the lawsuits are rooted in contrasting arguments. The case brought by the states alleges the loan forgiveness program will negatively impact state revenue from loan servicing, while the individuals in the other case are actually seeking greater student debt relief.
Click here to read the rest of the article written by Capital News Service over at Maryland Reporter
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