Biden Has Canceled About $127 Billion of Student Loans Despite Supreme Court Ruling. Here’s How.

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Administration tapped menu of existing rules and laws to clear debt from 3.6 million borrowers

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https://www.wsj.com/us-news/education/biden-has-canceled-about-127-billion-of-student-loans-despite-supreme-court-ruling-heres-how-ab289d75a Supreme Court ruling in June The high court ruled that the Biden administration couldn’t cancel hundreds of billions of dollars for tens millions of student-loan holders, reasoning that the authority for such a broad-based policy doesn’t exist under the law. While thatThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law.

 

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