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The Student Loan Cancellation Debate: An Update on the Current Situation (June 2023)


Student loan cancellation has become a highly controversial and debated topic in recent times. It has garnered strong opinions from both supporters and opponents. In this comprehensive blog post, we will provide you with a detailed update on the current status of student loan forgiveness. It is important to stay informed about the facts and developments surrounding this issue, regardless of your stance. So, let’s delve into the intricacies and shed light on the various aspects of the ongoing student loan cancellation debate.

The Biden Administration’s Student Loan Forgiveness Program:

Approximately six months ago, the Biden Administration took a significant step towards addressing the burden of student loan debt. The program allowed for the forgiveness of up to $10,000 of student loan debt per person, with eligible Pell Grant recipients potentially receiving up to $20,000 in forgiveness. This move was aimed at providing relief to millions of Americans struggling with the weight of their student loans. Consequently, over 26 million people applied for loan forgiveness through the government website, and an encouraging 16 million applications were approved before legal challenges arose.

Legal Challenges and the Issue of Congressional Approval:

The implementation of the student loan forgiveness program faced legal challenges that questioned the authority of the Biden Administration. Opponents argued that the administration overstepped its boundaries by executing the program without obtaining Congressional approval. It is important to note that the House and Senate did not vote on the matter. However, the Biden Administration defended its actions by citing the authority granted by the HEROES Act of 2003. They contended that the COVID-19 pandemic constituted a national emergency, thereby justifying the use of this authority.

Supreme Court Involvement and Implications:

As the legal battle surrounding student loan cancellation intensified, the issue eventually reached the highest judicial authority in the country—the Supreme Court. The Supreme Court’s ruling, expected by the end of June, will have far-reaching implications on the legality and future of student loan forgiveness. It is worth mentioning that the Supreme Court currently consists of a conservative majority, potentially impacting their decision regarding student loan cancellation. However, the Biden Administration has not solely relied on the HEROES Act argument. They have also emphasized that there is no legal basis for the lawsuits challenging the program’s validity.

Expiration of the Payment Pause and Resumption of Payments:

Aside from the Supreme Court proceedings, another significant development is the expiration of the student loan payment pause. The Education Secretary testified before the Senate, stating that the payment pause would not be extended. This decision was subsequently confirmed by the Biden Administration. Consequently, irrespective of the Supreme Court’s ruling, loan payments are expected to resume in September, with payments becoming due in October. This resumption of payments may have a significant impact on borrowers who were relying on the temporary relief provided by the payment pause.

The House of Representatives’ Role and Opposition:

In the House of Representatives, efforts to block student loan cancellation are already underway, even before the Supreme Court’s decision. Given that the Republicans currently control the House, the Education Committee voted to oppose student loan forgiveness. One notable figure in this opposition is Congressman Good, who is attempting to utilize the Congressional Review Act to overturn the Biden Administration’s actions. Furthermore, the ongoing debt ceiling negotiations have introduced conditions wherein Republicans demand that Democrats drop their support for student loan cancellation. These actions reflect the ideological divide between the two major parties and the complex dynamics of legislative decision-making.

Consequences of Non-Forgiveness:

The U.S. Department of Education has highlighted potential consequences if student loans are not forgiven. They have warned of an anticipated spike in delinquencies and defaults once the payment pause ends. The rising costs of higher education are exacerbating the issue, with the average annual cost of attending a public college being $23,250 (including room and board) and $53,430 for private institutions. With 70% of college seniors graduating with student loan debt, the total student loan debt in America has reached a staggering $1.7 trillion. These statistics emphasize the pressing need for a comprehensive solution to address the mounting student loan crisis.

Opinions and Final Thoughts:

Considering the current political landscape, it is crucial to understand the potential impact of student loan cancellation proposals. While House Republicans are actively working against student loan forgiveness, it is important to note that the Democrats control the Senate. Consequently, any legislation passed in the House may face challenges and potential opposition in the Senate, making it uncertain whether the efforts to block student loan cancellation will succeed.

Ultimately, the fate of student loan forgiveness rests in the hands of the Supreme Court. Their decision, expected in the coming weeks, will be the final ruling on the legality of the program. Overturning a Supreme Court decision is a rare occurrence, making it unlikely that a new ruling or constitutional amendment would emerge in the near future.

pexels pixabay 261909 The Student Loan Cancellation Debate: An Update on the Current Situation (June 2023)


The student loan cancellation debate continues to captivate the nation. While the Biden Administration made significant strides in offering relief through forgiveness programs, legal challenges and political opposition have complicated the path forward. The Supreme Court’s ruling will play a pivotal role in shaping the future of student loan forgiveness. As we await this decision, it is essential to stay informed, consider different perspectives, and engage in constructive dialogue about the potential consequences and solutions for the mounting student loan crisis. Regardless of the outcome, addressing the burden of student loan debt remains a pressing issue that warrants continued attention and action from policymakers.


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