In a 6-3 decision, the U.S. Supreme Court struck down President Joe Biden's plan to relieve $400 billion in student loan debt.
The Supreme Court ruled against a plan by the Biden Administration to help borrowers with their student loan debt.Student loan borrowers who were hoping to have some or all of their debt erased should now prepare to repay in full.struck down President Joe Biden's plan to relieve $400 billion in student loan debt.
Plano-based licensed chemical dependency counselor Lisa Sullivan is among the millions of Americans disappointed by the ruling. "Can't say I was surprised [by the decision.] This court has put a lot of importance on the plain meaning of statutes that Congress enacts," constitutional law attorney David Coale said.
That law, dating back to the 9-11 attacks, allows the Secretary of Education to make changes to loans during emergencies. The White House argued COVID-19 was an emergency.
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