Today the U.S. Supreme Court reversed the decision...
From NBC News
The Supreme Court ruled against President Joe Biden’s one-time student debt forgiveness plan to cancel up to $20,000 in federal student loan debt for more than 40 million borrowers.
In the student debt case, the justices struck down Biden's long-delayed program, which would have allowed eligible borrowers to cancel up to $20,000 in debt and was estimated to cost more than $400 billion. The program has been blocked since the 8th U.S. Circuit Court of Appeals issued a temporary hold in October. About 43 million people were eligible to participate.
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