US President Joe Biden speaks in regards to the US Supreme Court’s decision on affirmative motion, within the Roosevelt Room of the White House in Washington, DC, on June 29, 2023.
Jim Watson | AFP | Getty Images
WASHINGTON — The White House in a press release to NBC News said it strongly disagrees with the Supreme Court’s ruling against federal student loan relief but still intends to help borrowers.
The Supreme Court ruled Friday in a 6-3 decision against President Joe Biden’s plan to cancel as much as $20,000 in student loan debt per borrower. The enterprise would have aided an estimated 40 million Americans and forgiven greater than $400 million in student loan debt, making it probably the most expensive executive actions in history.
Biden will deliver remarks Friday and “announce latest actions to guard student loan borrowers.”
He’s more likely to also criticize the Supreme Court in his remarks, expanding on comments he made Thursday in response to the court’s decision rejecting the usage of affirmative motion in college admissions. Asked if it was a “rogue court,” Biden told reporters “it isn’t a traditional court.”
Speaking on MSNBC’s “Deadline: White House” later Thursday, Biden said the present Supreme Court has “done more to unravel basic rights and basic decisions than any court in recent history.”
“I feel that some on the court are starting to understand that their legitimacy is being questioned in ways in which it hasn’t been questioned up to now,” Biden said.
The ruling Friday places tens of millions of student loan borrowers back at square one because the payments pause instituted initially of the pandemic involves a detailed in October. In the course of the pause, implemented under the Trump administration, borrowers didn’t need to make payments on their loans nor did the loans accrue interest.
Last summer Biden announced his plan to cancel $10,000 in student debt for borrowers earning lower than $125,000 or married couples earning under $250,000. Pell grant recipients were eligible for as much as $20,000 in forgiveness under the proposal.
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