Supreme Court asked to block Biden student debt relief program - CNBC

The Supreme Court connected Wednesday was asked to artifact the Biden administration's pupil indebtedness indebtedness alleviation program, which is acceptable to instrumentality effect this weekend.

The Brown County Taxpayers Association, a taxpayers' radical successful Wisconsin, directed its petition astatine Justice Amy Coney Barrett, who is liable for specified matters successful Wisconsin.

The exigency filing from the relation asks that President Joe Biden's program to cancel up to $20,000 successful pupil indebtedness for millions of borrowers beryllium suspended portion its suit unfolds. The Biden medication could start processing borrowers' requests for pupil indebtedness forgiveness arsenic soon arsenic this Sunday.

The U.S. Department of Education opened its exertion for pupil indebtedness forgiveness successful a beta trial connected Friday, and much than 8 cardinal radical submitted requests for relief implicit that weekend. The exertion officially launched connected Monday.

At the same, the number of ineligible challenges that person been brought against the president's program proceed to mount.

This is simply a processing story. Check backmost for updates.