Biden says 'this fight is not over' after Supreme Court kills student debt relief plan

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President Joe Biden says 'this fight is not over” after the Supreme Court killed his plan to forgive hundreds of billions of dollars in student loan debt

with the plan, and it leaves borrowers on the hook for repayments that are expected to resume in the fall.

Justice Elena Kagan, wrote in a dissent, joined by the court’s two other liberals, that the majority of the court “overrides the combined judgment of the Legislative and Executive Branches, with the consequence of eliminating loan forgiveness for 43 million Americans.” Kagan read a summary of her dissent in court to emphasize her disagreement., added an unusual coda to his opinion, cautioning that the liberals' dissent should not be mistaken for disparagement of the court itself.

Advocacy groups supporting debt cancellation condemned the decision while demanding that Biden find another avenue to fulfill his promise of debt relief. In contrast, the administration grounded the need for the sweeping loan forgiveness in the COVID-19 emergency and the continuing negative impacts on people near the bottom of the economic ladder. The declared emergency ended on May 11.

 

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