The Supreme Court on Friday struck down the Biden administration's program to forgive student loan debt for more than 43 million American borrowers. "The Secretary asserts that the HEROES Act grants him the authority to cancel $430 billion of student loan principal. Student loan payments are due to restart in October after a three-year pause put in place during the pandemic. With the pause on student loan payments set to expire in weeks, I call upon the administration to do everything in its power to deliver for millions of working- and middle-class Americans struggling with student loan debt." Supreme Court strikes down Biden student loan forgiveness program originally appeared on abcnews.go.com

Source: ABC News June 30, 2023 15:32 UTC