The US Supreme Court dealt a blow to the Joe Biden administration's student loan forgiveness plan on Friday. The court rejected the program, which aimed to provide up to USD 20,000 in relief to millions of borrowers struggling with outstanding debt, CNN reported.
"I believe that the Court's decision to strike down our student debt relief plan is wrong," Biden said, according to an official release from the White House.
The US Supreme Court dealt a blow to Joe Biden administration's student loan forgiveness plan on Friday. The court rejected the program, which aimed to provide up to USD 20,000 in relief to millions of borrowers struggling with outstanding debt, CNN reported.
Washington [US], October 22 (ANI): US' federal appeals court on Friday issued an administrative stay, temporarily blocking President Joe Biden's student loan forgiveness program.