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Supreme Court Devastates 40 Million Student BorrowersBREAKING: The justices split the decision 6-3, with the conservative majority saying the president does not have the authority to unilaterally act without congressional approval.
Source: thedailybeast - 🏆 307. / 63 Read more »
Disappointed student loan borrowers who saw end to debt brace for payments after Supreme Court decisionThe Supreme Court ruled against President Biden’s one-time student debt forgiveness plan. The news has distraught nearly 20 million people, according to the Biden administration, who stood to have their debts fully canceled. “It’s disheartening,” Joy Morales-Bartlett, a former teacher with a remaining balance of $19,000 says. “We’ve done the right things this whole time, and we are being punished for it.”
Source: NBCNews - 🏆 10. / 86 Read more »
3 ways federal student loan borrowers can have their debt forgiven—without the Supreme CourtOne of the primary benefits of federal student loans is the ability to have that debt forgiven. But it's not as easy as the stroke of a pen.
Source: CNBC - 🏆 12. / 72 Read more »
Supreme Court kills Biden's student debt plan in a setback for millions of borrowersBy a 6-to-3 vote, the Supreme Court ruled that federal law does not authorize the Department of Education to cancel student loan debt under President Biden's forgiveness program.
Source: AKpublicnews - 🏆 387. / 55 Read more »
Supreme Court’s student loan decision will have ‘detrimental impact’ on borrowers, financial advisor saysThe Supreme Court's student loan decision may have a ‘detrimental impact' on borrowers, financial advisor says. Here's how to prepare before payments resume.
Source: CNBC - 🏆 12. / 72 Read more »
How does Supreme Court’s ruling blocking Biden’s student loan forgiveness plan affect borrowers?The Biden administration had argued that its proposal to cancel student debt was lawful under the Higher Education Relief Opportunities for Students Act or HEROES Act.
Source: NBCNews - 🏆 10. / 86 Read more »