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Student Debt Cancellation Cancelled

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By Phil Roeder - Flickr: Supreme Court of the United States, CC BY 2.0, https://commons.wikimedia.org/w/index.php?curid=32650356

Among a great many other things…

The Supreme Court’s conservative supermajority struck down President Biden’s proposal to cancel at least some student debt for tens of millions of borrowers, saying it overstepped the powers of the Education Department.

In a 6-to-3 decision, Chief Justice John G. Roberts Jr. wrote that a mass debt cancellation program of such significance required clear congressional authorization.

I’m sure that the legal side of the blog will have additional commentary forthcoming. I will say that my own student debt was forgiven this year under the TEPSLF plan, and that it was remarkably empowering to finally feel very nearly debt free.

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