Government

Biden Extends Pause on Student Loan Payments, Seeks Decision From Supreme Court Following Setbacks

The Biden administration this week extended its pause on student loan payments through June 30, 2023, a decision the administration says will give the U.S. Supreme Court time to rule on an emergency appeal that asks the court to allow the program to move forward while litigation is pending. The move comes as lower court rulings indicate a loan cancellation program in peril of being struck down. In an emergency appeal last Friday, the U.S. Dept. of Justice asked the court to throw out an injunction issued by the St. Louis-based Eighth U.S. Circuit Court of Appeals that blocked the administration from forgiving debts while litigation is pending. According to the Wall Street Journal, that order came in a case brought by GOP officials in six states who claimed that the program was an unlawful exercise of presidential authority that would affect state revenues and tax receipts.   U.S. Solicitor General Elizabeth Prelogar wrote in the government’s filing, “The Eighth Circuit’s erroneous ...