The Supreme Court, in a ruling on Friday, stated that the Biden administration's program to provide student loan debt relief cannot proceed.

The court, with a majority vote of 6-3, concluded that federal law does not grant the Secretary of Education the authority to cancel more than $430 billion in student loan debt. Chief Justice John Roberts, speaking for the majority, noted that the Secretary's plan erased the debts of 20 million borrowers and reduced the median amount owed by the remaining 23 million.

Six states filed a lawsuit arguing that the HEROES Act does not authorize the loan cancellation plan, a view the court agreed with.

President Biden strongly disagrees with the court's decision and is expected to announce new measures later today aimed at safeguarding student loan borrowers, according to a White House insider.

Biden's Department of Education has devised alternative strategies in the event of an unfavorable Supreme Court ruling, with the intention of blaming Republicans for obstructing the relief he promised to provide.

The Supreme Court, in a ruling on Friday, stated that the Biden administration's program to provide student loan debt relief cannot proceed.
The court, with a majority vote of 6-3, concluded that federal law does not grant the Secretary of Education the authority to cancel more than $430 billion in student loan debt. Chief Justice John Roberts, speaking for the majority, noted that the Secretary's plan erased the debts of 20 million borrowers and reduced the median amount owed by the remaining 23 million.
Six states filed a lawsuit arguing that the HEROES Act does not authorize the loan cancellation plan, a view the court agreed with.
President Biden strongly disagrees with the court's decision and is expected to announce new measures later today aimed at safeguarding student loan borrowers, according to a White House insider.
Biden's Department of Education has devised alternative strategies in the event of an unfavorable Supreme Court ruling, with the intention of blaming Republicans for obstructing the relief he promised to provide.

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