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Supreme Court strikes down Biden’s partial student loan forgiveness plan, 43 million borrowers denied debt relief
The U.S. Supreme Court on Friday with a stroke of the pen blocked a measure that would have provided limited relief for 43 million Americans suffering under a crushing debt burden of $1.7 trillion in outstanding federal student loans.
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No half measures, cancel all student loan debt
The material benefits of this pause to student loan payments are not something to be taken lightly. But considering the pause has clearly helped borrowers survive, the question for the Biden administration is simple: Why not make it permanent, and cancel all student debt?