October 04, 2023
How the White House Keeps Canceling Student Debt After Supreme Court Ruling
President Biden announced student-debt forgiveness for another tranche of Americans on Wednesday, months after the Supreme Court blocked the administration’s most ambitious borrower-relief plan. The string of politically advantageous announcements comes thanks to the administration’s use of existing programs that allow the government to waive debt for certain borrowers. The moves are separate from the administration’s troubled attempt to cancel as much as $20,000 in student debt for any borrower who earns less than $125,000 a year. The Supreme Court struck down that executive action in June.