"Preparing for the Worst: Backup Plans Urged as Student Loan Forgiveness Hangs in the Balance"

Liberal lawmakers are urging the Biden administration to prepare a backup plan to cancel student debt, as the Supreme Court could soon strike down the White House’s program for forgiving the debts of tens of millions of American borrowers. Reps. Ro Khanna, Ayanna Pressley, and Alexandria Ocasio-Cortez have privately made similar remarks to administration officials. Biden’s plan to cancel up to $20,000 in debt per borrower sparked a political firestorm when it was announced last August, with Republicans saying it would help affluent college graduates who don’t need the assistance.