Read the Supreme Court ruling striking down Biden’s student loan relief program – Gist It

Read the Supreme Court ruling striking down Biden’s student loan relief program

The US Supreme Court has voted 6-3 along ideological lines to strike down President Biden’s plan to forgive federal student loan debt.

The verdict: The Supreme Court decided on Friday to reject Biden’s proposal for federal student loan forgiveness for tens of millions of Americans.
* The vote, which split along ideological lines, resulted in a 6-to-3 decision against the plan.

The background: President Biden has been pushing for some level of student loan forgiveness since his campaign, aiming to alleviate the financial burden for millions of Americans.
* This particular policy was seen as a key part of his plan to address issues of higher education affordability and reduce inequality.

The implications: The Supreme Court’s decision effectively halts Biden’s student loan relief program.
* This could impact the millions of Americans who were hoping to see some or all of their federal student loan debt forgiven.

What’s next: While it is not clear what will happen following this ruling, the outcome might push Biden’s administration to explore other routes to address the student debt crisis.
* Further responses and reactions to this decision are expected in the coming days.

View original article on NPR

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June 30, 2023

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