The Supreme Court has not yet announced a timeline for ruling on the issue of student loan forgiveness. However, the issue has been the subject of ongoing legal and political debate in recent years, and there are several pending cases that could potentially reach the Supreme Court in the near future.
One of the most significant cases related to student loan forgiveness is a lawsuit filed by a group of borrowers against the Department of Education. The lawsuit challenges the Department’s decision to deny loan forgiveness to borrowers who were defrauded by for-profit colleges. The borrowers argue that the Department’s actions violate their rights under the Administrative Procedure Act and the Due Process Clause of the Constitution.
The case, known as Sweet v. Cardona, is currently pending before the U.S. Court of Appeals for the Ninth Circuit. If the Ninth Circuit rules in favor of the borrowers, the case could potentially be appealed to the Supreme Court. However, it is unclear when the Ninth Circuit will issue a ruling.
Another pending case related to student loan forgiveness is a lawsuit filed by the American Federation of Teachers (AFT) against the Department of Education. The lawsuit challenges the Department’s decision to rescind the Borrower Defense Rule, which provided a streamlined process for borrowers to seek loan forgiveness if they were defrauded by for-profit colleges.
The AFT argues that the Department’s decision was arbitrary and capricious and violated the Administrative Procedure Act. The case is currently pending before the U.S. District Court for the District of Columbia, and it is unclear when a ruling will be issued.
In addition to these specific cases, the issue of student loan forgiveness has been the subject of ongoing political debate. Some lawmakers and advocacy groups have called for the Biden administration to use executive authority to cancel student loan debt, while others have argued that such action would be unconstitutional and would set a dangerous precedent.
President Biden has indicated that he supports some form of student loan forgiveness, but he has stopped short of endorsing a specific proposal. In March 2021, he asked the Department of Education to review his legal authority to cancel student loan debt through executive action. The Department subsequently issued a memo concluding that the Secretary of Education has the legal authority to provide broad-based loan forgiveness in certain circumstances, such as in response to a national emergency.
However, the Biden administration has yet to take concrete action on student loan forgiveness, and it is unclear when or if such action will be taken. Some experts have suggested that the issue could ultimately be decided by the Supreme Court, if and when a case related to student loan forgiveness reaches the high court.
In conclusion, while there are several pending cases related to student loan forgiveness, there is currently no clear timeline for when the Supreme Court may rule on the issue. The issue remains a subject of ongoing legal and political debate, and it is likely to continue to be a contentious issue in the coming years.