Borrowers who saw end to student loan debt brace for payments after Supreme Court decision
The Supreme Court ruled against President Joe Biden’s one-time student debt forgiveness plan to cancel up to $20,000 in federal student loan debt for more than 40 million borrowers.
The Supreme Court ruled against President Joe Biden’s one-time student debt forgiveness plan to cancel up to $20,000 in federal student loan debt for more than 40 million borrowers.
The news has dismayed borrowers across the country who have benefited from the Covid-era debt payment pause for the past three years.
Among the most upset about the Supreme Court’s decision are the nearly 20 million people, according to the Biden administration, like Joy Morales-Bartlett who stood to have their debts fully canceled.
“It’s disheartening,” said Morales-Bartlett. “We’ve done the right things this whole time, and we are being punished for it.”
With a remaining balance of $19,000, the 47-year-old former teacher was looking forward to seeing her decadeslong journey toward repaying $89,000 in student loan debt finally come to an end.
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