Supreme Court Strikes Down Biden's Student Loan Forgiveness Plan
Court Rules Administration Overstepped Authority
Six States Challenged Plan
WASHINGTON, D.C. - In a major blow to President Biden's agenda, the Supreme Court ruled 6-3 on Friday to strike down the administration's massive student loan forgiveness plan. The plan, which aimed to provide debt relief for millions of Americans, had been challenged by six states, including Missouri.
In its ruling, the court found that the administration had overstepped its authority in implementing the plan. The court said that the HEROES Act, which the administration used to justify the plan, did not give the administration the authority to forgive student debt on such a large scale.
The ruling is a major setback for the Biden administration, which had made student loan forgiveness a key part of its agenda. It is also a victory for Republicans, who have argued that the plan was an illegal overreach of the executive branch.
The Biden administration has said that it will explore other options for providing student loan relief. However, it is unclear what those options might be.
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