a portion of $1.6 trillion in federal student loan debt but was criticized by Republicans who called it an overreach of his authority and an unfair benefit to college-educated borrowers while other borrowers received no such relief.Supporters of U.S. President Joe Biden's s plans for student debt relief march near the White House after a U.S. Supreme Court decision blocking the president's plan to cancel $430 billion in student loan debt, in Washington, U.S. June 30, 2023.
Biden and his Republican predecessor Donald Trump both relied upon the HEROES Act to repeatedly pause student loan payments and halt interest from accruing to alleviate financial strain on student loan borrowers during the COVID-19 pandemic. "They had no problem with billions in pandemic-related loans to businesses - including hundreds of thousands and in some cases millions of dollars for their own businesses," Biden said.
Justice Elena Kagan, in a dissent joined by her two fellow liberals, derided this doctrine as "made-up."
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