The Supreme Court ruling on student loans was part of a one-two punch: As stevebenen writes, Republicans restarted payments that had been paused, and now conservative justices have scrapped the White House’s debt forgiveness plan.
The Supreme Court on Friday invalidated President Joe Biden’s student loan debt relief plan, meaning the long-delayed proposal intended to implement a campaign trail promise will not go into effect. The justices, divided 6-3 on ideological lines, ruled in one of two cases that the program was an unlawful exercise of presidential power because it had not been explicitly approved by Congress.
Given this rather straightforward statutory text, the Democratic White House pointed to the pandemic and its effects, took advantage of the powers created by the HEROES Act, and created a program for student loan debt relief. In the process, the president created a policy that would not only help those with significant debts, but also the larger economy.
Biden — who yesterday said this is not a “normal” Supreme Court, after the same six justices ended affirmative action in higher education admissions — issuedthis afternoon, emphasizing, among other things, the political party responsible for fighting his policy so aggressively.
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