Legal experts say Biden's Academia bailout is doomed

The fate of the Biden administration’s sweeping student loan forgiveness plan now rests with the Supreme Court.

That may be bad news for borrowers, say legal and higher education experts.

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“The court’s conservatives have been very aggressive in striking down the decisions of Congress and the president,” said Gregory Caldeira, a political science professor at Ohio State University. “I would not be surprised if the court invalidated the executive order.”

Higher education expert Mark Kantrowitz agreed.

“The U.S. Supreme Court is more likely than not to block the president’s student loan forgiveness plan,” Kantrowitz said.

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