A college graduate with $33,000 in student loan debt says she has 'no hope' after the Supreme Court rejected Biden's forgiveness plan
President Joe Biden's student-loan forgiveness plan, millions of borrowers who were anticipating relief from the federal government found themselves deeply dismayed over the ruling.
So for many, Biden's original plan, where his Department of Education would forgive $10,000 in federal student-loan debt for borrowers earning under $125,000 per year — with up to $20,000 in relief for those who received Pell grants and fell under the same income threshold — was a seen as a godsend. But in a 6-3 decision, the Supreme Court, driven by its conservative majority, ruled that Biden's debt-relief plan was unconstitutional and required explicit approval by the US Congress.
"A lot of people make it seem like you have a choice in whether to go college or not, but I don't feel that is true. We now live in a country where most jobs require a college degree," she told the newspaper.
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