Supreme Court Strikes Down Biden’s Student Loan Forgiveness Plan The Supreme Court has rejected President Biden’s plan to cancel more than $400 billion in student loan debt, in a 6-3 decision made by the court’s conservative majority. The decision stated that the Education Department had exceeded its authority and that such a significant debt cancellation […]
Biden‘s Plan to Forgive Student Loans Faces Challenges and Concerns Introduction President Joe Biden‘s plan to use executive action to forgive government student loans has been met with both anticipation and controversy. The plan aims to alleviate the overwhelming burden of $1.8 trillion in federal education debt that has tripled in the last 15 years. […]