The Biden administration's plan to cancel up to $20,000 in student debt for millions of Americans will go before the Supreme Court this week.
- On Tuesday, the Court will hear arguments from two legal challenges to Biden's plan, which would forgive more than $400 billion total.
- The Court will also rule on whether or not federal student loan payments must resume - they've been paused since 2020 due to the pandemic.
- The Court's decision is expected sometime later this year.