Supreme court student loan ruling explained. Here's what happens next

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The President is coming under pressure from radicals within his own party to expand the Supreme Court.

, which would have provided up to $20,000 in debt relief for millions of Americans, in a 6-3 ruling.

A number of conservative-controlled states objected arguing both that Biden overstepped his authority, and that it's unfair to expect non-graduates to subsidize graduates.

Biden's program would have granted student borrowers earning less than $125,000 a year up to $10,000 in debt relief, with $20,000 available to Pell Grant recipients who come from low-income households.has provided a brief summary of what happens next, both financially and politically, after the Supreme Court's decision.

 

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