US SC strikes down Biden administration's student loan debt relief plan
The text of the HEROES Act does not authorise the Secretary of Education’s loan forgiveness programme, said the Court
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The text of the HEROES Act does not authorise the Secretary of Education’s loan forgiveness programme, said the Court
The Missouri Higher Education Loan Authority — MOHELA — is named 85 times in the U.S. Supreme Court’s opinion striking down the Biden administration's student loan forgiveness program. The ruling affects more than 777,000 Missourians with federal student loans who would have received $10,000-$20,000 of relief.
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The proposed debt cancellation of more than $400 billion would have been one of the most expensive executive actions in U.S. history.
The final three decisions of the term were handed down on Friday.