Supreme Court strikes down Biden’s plan to forgive millions of student loans
WASHINGTON — The Supreme Court on Friday rejected President Biden's plan to forgive millions of student loans, ruling the nation's chief executive did not have legal authority to waive more than $400 billion owed to the government. The Biden administration had asserted its right to cancel the loans as part of its emergency response to the COVID-19 pandemic and under a 2003 law called the ...
by David G. Savage, Los Angeles Times
Jun 30, 2023
2 minutes
WASHINGTON — The Supreme Court on Friday rejected President Biden's plan to forgive millions of student loans, ruling the nation's chief executive did not have legal authority to waive more than $400 billion owed to the government.
The Biden administration had asserted its right to cancel the loans as part of its emergency response to the COVID-19 pandemic and under a 2003 law called the HEROES Act,
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