The Supreme Court rejects Biden's plan to wipe away $400 billion in student loan debt
The Supreme Court rejects Biden's plan to wipe away $400 billion in student loan debt
apnews.com The Supreme Court rejects Biden's plan to wipe away $400 billion in student loan debt
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.
![[USA] Sąd najwyższy odrzucił 400-miliardowy plan umorzenia długów za kredyty studenckie przedstawony przez Bidena](https://szmer.info/pictrs/image/0a0d1b31-1fed-4433-967d-2c67d7bcad9d.jpeg?format=webp&thumbnail=196)
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Can anyone clarify if this strikes down Biden's plan in it's entirety or just the lump s forgiveness? TBH I always considered the rest of the plan that fixes ballooning interest and unaffordable monthly payments the meat of this plan. The 10k is just meh and isn't really fixing anything long term. Would be really unfortunate if the former got screwed by the latter
I think its specific to the cancellation, but not sure.
187 comments