Student loan debt: Borrowers brace for Supreme Court decision

President Biden’s student debt forgiveness plan will finally see an end to its months-long limbo in the courts this week.

With repayments set to start again in October after a years-long pandemic-related pause, the Supreme Court’s forthcoming ruling on the legality of Biden’s proposal is the last piece of the student loan puzzle, offering a clearer landscape moving forward.

Many borrowers are fearful as the conservative-majority Supreme Court, which could make its decision known as soon as Tuesday morning, seemed skeptical of Biden’s plan during oral arguments in February. 

“Generally,...