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Supreme Court decision on student loan forgiveness expected Friday



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U.S. Supreme Court, Biden vs Nebraska, Student Debt Relief ProgramDouglas Rissing | Istock | Getty ImagesThe Supreme Court’s term is almost over and the justices still haven’t issued a decision on President Joe Biden’s plan to cancel up to $20,000 for tens of millions of Americans. But the ruling is almost certain to come out Friday, experts say.”I would expect it then, absent some very unusual circumstances,” said Amy Howe, a co-founder of Scotusblog.Jed Shugerman, a law professor at Fordham University and Boston University, agreed, saying it was “almost certain” that the justices will issue the rest of their decisions on Friday before they break for their summer recess.”The justices preserve July and August for getting out of town,” he said.There is only a small chance that the justices add another decision day next week or request more time with this case.More from Personal Finance:Term life insurance is often best but most buy another kindYour 401(k) plan may be worsening climate changeWhat Supreme Court case could mean for wealth tax ideasBorrowers should be able to read the ruling on the Supreme Court’s website, likely sometime Friday morning.The other big decision expected tomorrow, 303 Creative, Inc. v. Elenis, involves a Colorado w …

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