In a high-stakes battle, the Biden administration's ambitious plan to alleviate billions of dollars in student loan debt has faced numerous roadblocks, remaining entangled in legal proceedings, and awaiting the verdict of skeptical conservative justices on the Supreme Court.

As decision day draws closer, the fate of this transformative proposal becomes increasingly uncertain.

The stakes are undeniably high, with 43 million Americans eligible for up to $20,000 in debt relief.

The estimated cost of implementing the program exceeds a staggering $400 billion, which could cancel the remaining stude...