The Supreme Court made a decision on Friday stating that the Biden administration cannot proceed with its program to forgive student loan debt. In a 6-3 ruling, the court determined that federal law does not allow the Secretary of Education to cancel over $430 billion in student loan debt. President Biden disagrees with the decision and plans to announce alternative actions to support student loan borrowers. The program proposed by Biden involved providing debt relief of up to $10,000 (or up to $20,000 for Pell Grant recipients) to individuals earning less than $125,000 per year. Republicans argued that Biden lacked the authority to unilaterally forgive student loans, and the court ruled in their favor. The dissenting liberal justices expressed disagreement with the decision, stating that it eliminates loan forgiveness for millions of Americans. The Biden administration had already been exploring alternative approaches in anticipation of a potential ruling against their program.
