Washington, Apr 14 (EFE).- The Supreme Court of the United States decided this Thursday to allow the cancellation of some $6,000 million dollars in student debt.
The Supreme Court refused to intervene in a case presented by three universities that asked it to block a judicial decision that allowed the forgiveness of the debt of thousands of students from some 150 educational institutions in the country accused of bad practices.
Three of these institutions asked the Supreme Court to block a legal conciliation that granted debt cancellation to thousands of lenders who claimed to have requested the loans based on fraudulent claims by the educational institutions.
The settlement was approved by a judge in California, based on a federal law that allows cancellation of student debt in specific circumstances.
However, the plaintiffs assured in their petition to the Supreme Court that the conciliation represented a collusion between Biden’s lawyers and the debtors, according to national media.
The Supreme Court is due to decide in the coming months on a case also related to student debt but of greater scope that concerns President Joe Biden’s plan to forgive the debt of millions of people.
At the end of August of the year, Biden announced that he was going to forgive part of the debt that millions of university students contracted with the federal Administration in order to pay for their studies.
This decision was sued before several courts by conservative groups in different states of the country, which have taken it to the Supreme Court.
The president reported the cancellation of up to 20,000 dollars of debt per student, although the measure only plans to benefit those who earn less than 125,000 dollars a year or those who, being married, have an income of less than 250,000 dollars a year.
