The Supreme Court ruling a few months back. That’s what they are supposed to do, interpret and apply the Constitution . They are somewhat experts. Originally Posted by oilfieldaceThis was one plan that was shot down. Several other loan foregiveness plans are in effect.
"Today, President Biden announced the approval of $1.2 billion in student debt cancellation for almost 153,000 borrowers currently enrolled in the Saving on a Valuable Education (SAVE) repayment plan. The Biden-Harris Administration has now approved nearly $138 billion in student debt cancellation for almost 3.9 million borrowers through more than two dozen executive actions. The borrowers receiving relief are the first to benefit from a SAVE plan policy that provides debt forgiveness to borrowers who have been in repayment after as little as 10 years and took out $12,000 or less in student loans."