SCOTUS Strikes Down Biden’s Student Loan Forgiveness Plan

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On Thursday the Supreme Court struck down President Joe Biden’s $400 billion student loan forgiveness plan after its legality was challenged.  Two opinions were handed down surrounding lawsuits against Biden’s plan.  In the case Biden v. Nebraska, Chief Justice John Roberts wrote the 6-3 majority opinion, stating, “The Secretary asserts that the HEROES Act grants him the authority to cancel $430 billion of student loan principal. It does not.” Sen. Bill Cassidy (R-LA) said, “Today’s Supreme Court ruling confirmed what we have known all along: the Biden administration’s student loan plan is an overreach of executive power.”  The second case, Department of Education v. Brown, two student loan borrowers who did not qualify for the relief plan sued the Biden administration.  The court ruled unanimously that the plaintiffs lacked legal standing to bring the lawsuit.