The Supreme Court has ruled against the Biden administration’s student loan debt program, blocking its implementation.
The court ruled against the plan 6-3 along ideological lines with the conservative justices carrying the day.
The court’s decision stated that federal law does not grant the Secretary of Education the authority to cancel more than $430 billion in student loan debt. The ruling came after several red states challenged the program, arguing that the HEROES Act, did not allow a loan cancellation plan. The conservative majority agreed.
“The Secretary asserts that the HEROES Act grants him the authority to cancel $430 billion of student loan principal. It does not,” Justice Roberts wrote. “We hold today that the Act allows the Secretary to ‘waive or modify’ existing statutory or regulatory provisions applicable to financial assistance programs under the Education Act, not to rewrite that statute from the ground up,”
The Biden Administration’s loan forgiveness program aimed to forgive up to $10,000 in federal student loans for most eligible borrowers and up to $20,000 for Pell Grant recipients.
This decision comes on the heels of several other high-profile rulings including an end to affirmative action in higher education.