This browser does not support the Video element.
Supreme Court rules against Biden's authority to forgive student loans, impact on borrowers
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.
Houston - Reaction to another major supreme court decision impacting an estimated 40 million Americans mired in college debt - with the conservative majority ruling President Biden did not have the authority to forgive some $400 billion in loans without congressional approval.
Another high court decision of consequence came in favor of a web designer who declined to accept business from a gay couple - citing her religious beliefs.