Biden’s student-loan forgiveness plan could be blocked or delayed, expert warns

A warning to those who expect at least some of their student loans to be forgiven: It's not necessarily a done deal. President Biden's plan includes a $10,000 student loan waiver for those earning up to $125,000 and an additional $10,000 in loan relief for borrowers who received Pell Scholarships during their undergraduate years. Kantrowitz pointed to a Supreme Court ruling that once stated that Congress “does not hide elephants in mouse holes” — meaning that a policy that has significant economic or political implications must be specifically approved by Congress.

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