Elitist student loan bailout turns blind eye to struggling Americans: The Hill

NEW YORK, March 9 (Xinhua) -- The U.S. Supreme Court heard oral arguments last week in two challenges to the Biden administration's student debt cancellation plan, which would forgive federal student loans for 40 million Americans at a cost of 430 billion U.S. dollars, said an article published by The Hill on Wednesday.

The court is considering whether the administration has the authority to cancel the debt and whether it followed the proper rule-making process for setting up the program, the opinion article said.