Supreme Court Strikes Down $430 Billion Student-Loan Forgiveness Plan

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Published Jul 1, 2023

The Supreme Court overturned President Biden’s student-debt forgiveness plan, claiming it exceeded the authority Congress delegated to the executive branch. The plan was set to wipe our nearly $430 billion in loans from the government’s books.

WSJ’s Andrew Restuccia explains what the decision means for borrowers.

0:00 The decision
0:26 The consequences for borrowers and Biden
1:43 What’s next?

#StudentDebt #SCOTUS #WSJ

Category: Television
Tags: student loans, scotus, supreme court

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Supreme Court Strikes Down $430 Billion Student-Loan Forgiveness Plan | WSJ

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