US Supreme Court blocks Biden's plan to cancel $430B in student loan debt

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The US Supreme Court blocks President Joe Biden's plan to cancel $430B in student loan debt, a move that had been intended to benefit up to 43M Americans

During the arguments, a Justice Department lawyer portrayed the debt relief as a benefits program rather than an assertion of regulatory power not authorised by Congress.

The justices ruled on Friday against Biden in a 6-3 decision favouring six conservative-leaning states that objected to the policy. Conservative Chief Justice John Roberts, joined by the rest of the court's conservative members, wrote the ruling over a dissent from the court's three liberals.

 

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