A sharply divided Supreme Court has ruled that the Biden administration overstepped its authority in trying to cancel or reduce student loan debts for millions of Americans.
Friendly reminder Biden lost the battle but he hasn’t lost the war. He is currently working out an income related savings plan and doing a hail mary long shot roundabout come in the back door play using the Authority he has from the Higher Education Act to create debt forgiveness regulation. He’s still out there trying, though anything through the Dept of Education will take a while because of how policy works there.
Friendly reminder Biden lost the battle but he hasn’t lost the war. He is currently working out an income related savings plan and doing a hail mary long shot roundabout come in the back door play using the Authority he has from the Higher Education Act to create debt forgiveness regulation. He’s still out there trying, though anything through the Dept of Education will take a while because of how policy works there.