Attorney General Raoul Files Brief In Support Of Student Debt Cancellation Plan
CHICAGO – Attorney General Kwame Raoul today filed an amicus brief supporting the federal government in two cases before the U.S. Supreme Court concerning the Biden administration’s targeted cancelation of student loan debt to address the continuing effects of the COVID-19 pandemic. In doing so, Raoul joined a coalition of 22 attorneys general in arguing that the debt relief program is lawful and appropriate. Last year, U.S. Secretary of Education Miguel Cardona announced plans to grant $10,000 in debt relief for borrowers under certain income thresholds, and $20,000 in debt relief to borrowers who met those income thresholds and also received a Pell Grant in college. This debt relief seeks to ensure that borrowers affected by the pandemic do not face catastrophic defaults at the conclusion of a nearly three-year pause in loan repayment obligations. “Higher education should be within reach for all Illinoisans without the fear that they will be saddled with lifelong