Student Debt Relief Plan: 1965 Law As Plan B If U.S. Supreme Court Blocks Program

The U.S. Supreme Court’s final decision in the coming weeks may be to block the Student Debt Relief Plan. Fortunately, the White House may pursue the Higher Education Act of 1965 as “Plan B”.

In the coming weeks, the U.S. Supreme Court will be making its final decision on U.S. President Joe Biden’s Student Debt Relief Plan. Fortunately, if the Supreme Court decides to block the program, the White House may still decide to pursue a “Plan B” for over 40 million borrowers who are qualified for up to $20,000 in loan forgiveness.

According to Sheffey, the Higher Education Act (HEA) of 1965 could unravel an alternative for the Student Debt Relief Plan. The HEA was signed by former U.S. President Lyndon B. Johnson in 1965. Reports say this landmark legislation established the foundation of the current U.S. college funding system.

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More About the Student Debt Relief Plan B

According to Haverstock, the HEA had founded and administered federal loans, grants, and other student debt relief plans that help students pay for school. In addition, the legislation also allows the Secretary of Education to release, waive, or compromise federal student loans.

Nonetheless, an interim dean and law professor at the University of the District of Columbia School of Law, Twinette Johnson, states that the HEA has improved over the years to adapt to the needs of the society. However, despite the development of HEA it must maintain its accessibility for higher education.

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