Millions of Americans who’ve been celebrating news of student loan forgiveness are now stuck in limbo as legal challenges to the plan mount.
Currently, Garrison is pursuing a government program that leads to tax-free debt cancellation, known as Public Service Loan Forgiveness, but he says Biden's plan could now cause him to get a $1,000 state tax bill.
The PSLF program allows those who work for the government to get their debt discharged after a decade. If borrowers' loans are simply discharged now, Brnovich argues, they'll have less of an incentive to work for the state office. Lawyers in private practice tend to get paid more.The main obstacle for those hoping to bring a legal challenge against Biden's plan has been finding a plaintiff who can prove they've been harmed by the policy.
Higher education and legal expert Mark Kantrowitz agreed said that it was possible a judge may overlook an imperfect case of standing, however, because of the larger questions at play here, including the scope of the president's power.
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