The Supreme Court once again stands between Biden and his aggressive assault on the country’s economy. They will be weighing in on his student loan forgiveness plan this month. But what can we expect…
On the surface level, the Court will decide whether Biden even has the legal authority to forgive student loans.
We also tend to think that It’s near-sighted to think that future borrowers will expect debt forgiveness - incentivizing students to borrow more, not less.