Will the recent news about the U.S. Supreme Court impact student loan borrowers?
This week’s announcement that Justice Anthony Kennedy would be retiring from the Court certainly sent shockwaves through the country. While generally a conservative justice, Kennedy has been widely seen as a swing vote and force of moderation in an increasingly polarized court. With the filibuster for Supreme Court nominees gone, and Republicans maintaining slim but firm control over the United States Senate, most people expect President Trump’s eventually nominee – who will likely be far more conservative than Kennedy – to be confirmed. This could cause a significant idealogical shift for the Court.
It’s difficult to know what this might mean for student loan borrowers. There haven’t been any major recent student loan-related Supreme Court decisions, nor have any new student loan cases been accepted yet by the Court for its next term. But with student loans increasingly becoming a major national issue, I think it’s inevitable that cases impacting student loan borrowers will find their way to the Court. Here’s my take on some of the most likely cases that would impact student loan borrowers during the next few years.Read More