Supreme Court Decision on Student Loan Forgiveness Leaves Borrowers Disappointed and Angry
In a blow to student loan borrowers, the Supreme Court ruled against President Biden’s plan to cancel up to $20,000 in federal student loan debt. The decision has left many feeling a mix of grief, disappointment, and anger.
Biden had promised to address the issue of student loan debt during his campaign, and borrowers had eagerly awaited his plan for over a year. However, legal challenges ultimately derailed the program, leaving borrowers in a state of uncertainty.
Shyra Bluminberg, a 26-year-old graduate of Eastern Illinois University, expressed her frustration with the Supreme Court’s ruling. She questioned whether the justices truly understood the struggles faced by regular people who cannot afford the extra expense of student loan payments.
Scarlet Anderson, a 28-year-old graphic designer with $33,000 in student loan debt, felt helpless and skeptical about the choices available to those seeking higher education. Despite diligently making payments, she found it nearly impossible to make substantial progress in reducing her debt.
Biden’s proposed plan aimed to eliminate up to $10,000 of student debt for borrowers earning up to $125,000 annually. Those who
