Supreme Court rules against Biden's authority to forgive student loans, impact on borrowers

Name: Supreme Court rules against Biden's authority to forgive student loans, impact on borrowers
Uploaded: 2023-07-09T12:24:58Z
Duration: 3 min 52 s
Description: The Supreme Court's conservative majority ruled against President Biden's authority to forgive roughly $400 billion in student loans without congressional approval, sparking reactions from borrowers who face financial burdens and highlighting the repercussions for ongoing debt relief efforts.

The Supreme Court's conservative majority ruled against President Biden's authority to forgive roughly $400 billion in student loans without congressional approval, sparking reactions from borrowers who face financial burdens and highlighting the repercussions for ongoing debt relief efforts.

By Greg Groogan

Posted July 9, 2023 7:24am CDT