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What Happens to Forgiven Loans if Biden Loses in Court?

What Happens to Forgiven Loans if Biden Loses in Court?

FromOn The Merits


What Happens to Forgiven Loans if Biden Loses in Court?

FromOn The Merits

ratings:
Length:
13 minutes
Released:
Aug 30, 2022
Format:
Podcast episode

Description

It's a near certainty that someone, somewhere will challenge President Biden's student loan forgiveness plan in court. What's uncertain is what will happen if Biden loses.
As a legal justification for wiping out billions in student loans, the White House cited a post-9/11 law originally conceived as a way to help soldiers fighting in Iraq and Afghanistan. Some administrative law experts question the legality of using this law to forgive student loans during the ongoing Covid-19 pandemic.
On today's episode of our weekly legal news podcast, On The Merits, Bloomberg Law White House reporter Courtney Rozen sets up the coming legal fight over the extent of presidential authority around student loans. And she discusses what could happen if the program ultimately gets struck down in court.
Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.
Released:
Aug 30, 2022
Format:
Podcast episode

Titles in the series (100)

Bloomberg Law's On The Merits brings you the biggest legal stories of the week, coupled with smart interviews and analysis on a variety of legal topics. You’ll hear voices and perspectives from across the legal industry, including reporters, editors, attorneys, legal scholars, and general counsel. And, from time to time, we'll pull out a court filing or legal opinion from the week that, for whatever reason, piqued our interest. Host: David Schultz.