Roughly 40 million Americans were eligible for the relief announced by the president last August, 20 million of whom would have had their loan balances erased altogether, according to White House estimates. Qualifying Pell Grant recipients, who are students with the greatest financial need, would have had up to an additional $10,000 in relief. Biden moved to fulfill that promise last August, when he announced his plan to forgive up to $10,000 in student debt for eligible borrowers earning less than $125,000 annually. He pledged during his 2020 campaign that his administration would forgive at least $10,000 of federal student loan debt. The decision from the high court is a major defeat for Mr. In a separate opinion, the Supreme Court unanimously said a pair of Texas borrowers who also challenged the program lacked standing to bring their suit, and tossed out their case.
"The result here is that the Court substitutes itself for Congress and the Executive Branch in making national policy about student-loan forgiveness," Kagan said. In deciding the case at all, Kagan said the court overreached. The dissenting justices split from the majority regarding not only the legality of the relief plan, but also with its finding that the states had the right to sue. "In every respect, the court today exceeds its proper, limited role in our nation's governance," she wrote. Justice Elena Kagan authored the dissenting opinion, joined by Justices Sonia Sotomayor and Ketanji Brown Jackson and summarized from the bench.
"Any such misperception would be harmful to this institution and our country." "It is important that the public not be misled either," he cautioned. Roberts ended his opinion by noting that the disagreement among the court's members should not be mistaken for disparagement. "Today, we have concluded that an instrumentality created by Missouri, governed by Missouri, and answerable to Missouri is indeed part of Missouri that the words 'waive or modify' do not mean 'completely rewrite' and that our precedent - old and new-requires that Congress speak clearly before a Department Secretary can unilaterally alter large sections of the American economy," he concluded.
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