Supreme Court strikes down Biden student loan debt forgiveness program
Written by ABC Audio All Rights Reserved on June 30, 2023
(WASHINGTON) — The Supreme Court on Friday struck down the Biden administration program to forgive student debt for more than 43 million American borrowers at a cost of $400 billion.
The vote was 6-3, with conservative justices in the majority in an opinion written by Chief Justice John Roberts.
Six GOP-led states had challenged the program as executive power overreach. The administration had argued it was supported by emergency powers Congress had passed under COVID relief legislation.
Story developing…
Copyright © 2023, ABC Audio. All rights reserved.
KVSP