Biden administration to ask Supreme Court to reinstate student loan forgiveness plan

The Biden administration plans to ask the Supreme Court to reinstate the president's student debt cancellation plan, according to a Thursday legal filing warning that Americans will face financial strain if the plan remains stalled in court when loan payments are scheduled to restart in January.

The Justice Department is fighting to keep Biden’s plan alive after it was halted by two federal courts in recent weeks. The agency is asking for quick action to block both rulings and allow the plan to take effect even as it plays out in the nation’s courts.

In a legal filing Thursday, the administration announced plans to appeal one of those rulings, by a federal appeals court in St. Louis, to the nation’s highest court. And it says it’s prepared to appeal the other case if needed.

MORE: http://bit.ly/3THnf0I

►Subscribe: https://on.wtsp.com/youtube
►Website: https://www.wtsp.com/
►Facebook: https://facebook.com/10TampaBay
►Twitter: https://twitter.com/10TampaBay0