Current:Home > NewsRead full text of Supreme Court student loan forgiveness decision striking down Biden's debt cancellation plan-LoTradeCoin
Read full text of Supreme Court student loan forgiveness decision striking down Biden's debt cancellation plan
View Date:2024-12-24 00:36:15
The Supreme Court on Friday invalidated President Biden's student loan forgiveness plan, derailing a major campaign pledge from the president and denying relief to 40 million Americans who stood to benefit from the program.
In a 6-3 decision, the court's conservative majority found that federal law does not authorize the program to wipe out nearly half-a-trillion dollars in debt.
The Supreme Court said in Biden v. Nebraska that Missouri, one of the six states that challenged the lawfulness of the plan, had the legal standing to sue, enabling the court to consider whether the secretary of education had the power to forgive student loan debt under a law known as the HEROES Act.
- Read full text of the Supreme Court affirmative action decision and ruling in high-stakes case
In a separate opinion, the Supreme Court unanimously said a pair of borrowers who challenged the program lacked standing, and tossed out their challenge.
Read the opinion in the cases, Biden v. Nebraska and Department of Education et al v. Myra Brown here:
- In:
- Biden Administration
- Supreme Court of the United States
- Joe Biden
- Politics
- Student Loans
veryGood! (59428)
Related
- Whoopi Goldberg calling herself 'a working person' garners criticism from 'The View' fans
- Planned Parenthood announces $10 million voter campaign in North Carolina for 2024 election
- A Hawaii military family avoids tap water at home. They’re among those suing over 2021 jet fuel leak
- Menthol cigarette ban delayed due to immense feedback, Biden administration says
- NFL overreactions: New York Jets, Dallas Cowboys going nowhere after Week 10
- Jelly Roll has 'never felt better' amid months-long break from social media 'toxicity'
- Noah Cyrus Fires Back at Tish Cyrus, Dominic Purcell Speculation With NSFW Message
- Virginia EMT is latest U.S. tourist arrested in Turks and Caicos after ammo allegedly found in luggage
- Rep. Michael McCaul of Texas says he was detained in airport over being ‘disoriented’
- How Drew Seeley Really Feels About Doing Zac Efron's Vocals in OG High School Musical
Ranking
- Fantasy football waiver wire: 10 players to add for NFL Week 11
- A suspect is in custody after 5 people were shot outside a club in the nation’s capital, police say
- Billie Eilish says her bluntness about sex makes people uncomfortable. She's right.
- Teen accidentally kills his younger brother with a gun found in an alley
- 1 monkey captured, 42 monkeys still on the loose after escaping research facility in SC
- 'Beverly Hills Cop: Axel F': New promo released of Eddie Murphy movie starring NFL's Jared Goff
- Jayden Daniels says pre-draft Topgolf outing with Washington Commanders 'was awesome'
- New York Jets take quarterback on NFL draft's third day: Florida State's Jordan Travis
Recommendation
-
Taylor Swift touches down in Kansas City as Chiefs take on Denver Broncos
-
Bengals address needs on offensive and defensive lines in NFL draft, add a receiver for depth
-
What time is 2024 NFL draft Saturday? Time, draft order and how to watch final day
-
1 climber dead, another seriously hurt after 1,000-foot fall on Alaska peak
-
Sister Wives’ Kody Brown Explains His Stance on His Daughter Gwendlyn Brown’s Sexuality
-
Pro-Palestinian protests embroil U.S. colleges amid legal maneuvering, civil rights claims
-
Mass arrests, officers in riot gear: Pro-Palestinian protesters face police crackdowns
-
Vampire facials at an unlicensed spa infected three people with HIV, CDC finds