NewStats: 3,262,010 , 8,175,864 topics. Date: Saturday, 31 May 2025 at 02:16 PM 6t1f5h

Supreme Court STRIKES DOWN Biden's $400 billion student loan forgiveness: Justices rule president does not have authority to cancel debt of millions in another landmark ruling

The Supreme Court has struck down President Joe Biden's $400 billion student loans forgiveness plan in another bombshell decision.

The court ruled against Biden's controversial plan to wipe out debts for around 20 million Americans, which the 8th U.S. Circuit Court of Appeals blocked in October.

The landmark ruling on the final day of the Supreme Court's term comes 24 hours after the justices decided colleges could no longer use race as a consideration in issions in a case that sparked backlash from Biden.

The plan would have eradicated $10,000 in debt for borrowers earning less than $125,000 and up to $20,000 for those with Pell Grants.


But it was challenged by six Republican states and two borrowers who argued Biden should have sought approval from Congress for a plan using substantial taxpayer funds.

Millions of Americans haven't had to repay their loans for three-and-a-half years because of a COVID pandemic freeze. Borrowers will have to restart their payments in October, and interest will start recurring in September.

Biden's loan forgiveness has been a cornerstone of his presidency, and the ruling will be a massive blow to the istration that has fought against the piling debt.

For months, Biden's student loan blueprint has been at the center of a legal tussle with six Republican-controlled US states and two borrowers.

Iowa, Arkansas, Kansas, Missouri, Nebraska and South Carolina said he had no legal authority to go ahead with the plan without the sign-off from Congress first.

Biden used the post-9/11 HEROES Act as justification for the program. It stipulates the Department of Education can waive student debt during a national emergency.

The COVID national emergency in the eyes of the government came to an end in May.

The program has been on hold since November after a federal appeals court in St. Louis issued an injunction, pausing applications and payouts.

That forced the U.S. government to seek the intervention of the Supreme Court justices.

The six conservative justices expressed their skepticism of the plan during oral arguments in February, and gave an early indication of their decision.

Announced last August, the istration vowed to cancel some $10,000 in federal student debt for students earning less than $125,000.

Officials also promised to axe an additional $10,000 for students who received what are known as Pell Grants.

These financial aid payments are awarded to students with exceptional financial needs.

But most Republicans say those who took out loans need to repay them without a bailout.

They have also argued that taxes paid by Americans who didn't attend college shouldn't be used to fund those who did.


The Supreme Court has struck down President Joe Biden's $400 billion student loans forgiveness plan in another bombshell decision.

The court ruled against Biden's controversial plan to wipe out debts for around 20 million Americans, which the 8th U.S. Circuit Court of Appeals blocked in October.

The landmark ruling on the final day of the Supreme Court's term comes 24 hours after the justices decided colleges could no longer use race as a consideration in issions in a case that sparked backlash from Biden.

The plan would have eradicated $10,000 in debt for borrowers earning less than $125,000 and up to $20,000 for those with Pell Grants.

But it was challenged by six Republican states and two borrowers who argued Biden should have sought approval from Congress for a plan using substantial taxpayer funds.

Millions of Americans haven't had to repay their loans for three-and-a-half years because of a COVID pandemic freeze. Borrowers will have to restart their payments in October, and interest will start recurring in September.

Biden's loan forgiveness has been a cornerstone of his presidency, and the ruling will be a massive blow to the istration that has fought against the piling debt.

For months, Biden's student loan blueprint has been at the center of a legal tussle with six Republican-controlled US states and two borrowers.

Iowa, Arkansas, Kansas, Missouri, Nebraska and South Carolina said he had no legal authority to go ahead with the plan without the sign-off from Congress first.

Biden used the post-9/11 HEROES Act as justification for the program. It stipulates the Department of Education can waive student debt during a national emergency.

The COVID national emergency in the eyes of the government came to an end in May.

The program has been on hold since November after a federal appeals court in St. Louis issued an injunction, pausing applications and payouts.

That forced the U.S. government to seek the intervention of the Supreme Court justices.

The six conservative justices expressed their skepticism of the plan during oral arguments in February, and gave an early indication of their decision.

Announced last August, the istration vowed to cancel some $10,000 in federal student debt for students earning less than $125,000.

Officials also promised to axe an additional $10,000 for students who received what are known as Pell Grants.

These financial aid payments are awarded to students with exceptional financial needs.

But most Republicans say those who took out loans need to repay them without a bailout.

They have also argued that taxes paid by Americans who didn't attend college shouldn't be used to fund those who did.

Donald Trump froze student loan payments in March 2020 as Covid-19 spread worldwide.

They are set to restart at the end of August as part of the recent debt ceiling deal between the istration and Congress.

Last week, the U.S. Senate ed a motion to repeal Biden's loan forgiveness plan, but the president has already said he will veto it.

Over 26 million people have already applied for the program, with as many as 16 million having already been provisionally approved for debt relief, according to the Department of Education.

Student debt is the second-largest kind of consumer debt in the U.S. behind mortgages and other home loans.

Nationwide, 45 million Americans owe $1.6 trillion in borrowed cash that they used to pay for their college education.

SOURCE

Byeden's pseudo voters appeasement scheme blocked. Niice!

No one should mention Tinubu here o

UK and US are two opposite countries in a lot of things. Take for instance in the UK with the NHS you can get free medical care. In the US you will pay heavily for it

In the UK if students took loan from the government and graduate from uni, for you to start paying that loan you should be earning up to 30k or more annually that way they will be knocking off £50 per month for your student loan. But if couldn’t get a job of 30k and above for a certain number of years it will be forgiven.

OBI idiots we have around will still smuggle Tinubu name into this 😆

ASUU has warned Nigerian students about Tinubu's students loan too

American version of Buhari

Damn!

If you think Tinubu will ask the supreme court to forgive the student loan debt of Nigerian students, then you must be high on Oshogbo weed. You seriously need to think again!

The drug lord is out to destroy Nigeria and he is already succeeding. Who else noticed that his ers doesn't say ''This govt will favour me and my family" anymore? The shege pro Max just started

Abi they should cancel tinubu own too? 😊

siofragspot:


No one should mention Tinubu here o

Fair point. But it's good to see that everyone knows how each judge voted

America is a country where laws work! If Biden wants a cheap way to win his re-election bid, he should use his money to pay the student loans. That's if he has anything close to that.

But then, if Americans, who can easily get jobs after college, are unable to repay their student loans, is it in Nigeria where a student cannot get a decent job after 5 years that people can pay their student loans?

Biden is not in Charge of USA, those pulling his Strings only wants Humanity to suffer.

If you have not really realized the current State of your Heart as per not really and fully Believing that everything that our CREATOR Says in Scripture and Commanded us to do in the Scripture are True and good for Humanity (even though Satan has expertly twisted things to subconsciously make most to think otherwise), then ask yourself these: "Do you wish to have up to 5 or 10 Children to overpopulate World?" Ok that may be simple to ask, Ask yourself this "Hasn't the Wars, Hunger, and various Killings helped to Save and Prevent this World from being over Populated?" And now the truly tough one "If Adam and Eve didn't eat the Forbidden Fruit, they and all Human beings born since then would still been alive now, what a Terrible Over-Populated World this place would have being now! Is that not true?!" Are you truly scared to imagine this last one, that it would have surely caused Over-Population by now? Can you now see how it seems that Satan has done Humanity a Favor by making People to constantly Kill People? And do you still think your Heart truly completely Believe, Love and Appreciate I AM THAT I AM that Says unto Humanity "Multiply, Reproduce, Bear Children, etc." Are you sure you have not been Subconsciously seeing your CREATOR as being a little deceptive, or even wicked!? But not just able to Boldly say it yet? That is Exactly what Satan wants!!!

And the bitter TRUTH is that if all of we Christians continued to sweep this above under the Carpet and continue to Play Church and being Sunday Religious instead of Prayerfully Crying to our CREATOR to Teach us the Hidden Truths that Confirms HIS Word and Save our Hearts from these Popularized Traps and Deceptions of Satan, we would remain secret Haters of our CREATOR till we leave this World, AHAYHA ASHAR AHAYAH forbid!!! All Glory to our CREATOR that The Generation that is not Afraid to Accept Unpopular TRUTH which Leads to True Genuine Boundless Eternal Love for our CREATOR has finally Emerged in this End Time to the Eternal Glory of AHAYAH ASHAR AHAYAH!!!!!!!

The idea of Over-Population is a very Subtle but Fierce direct Attack against the CREATOR of Humanity and HIS Word Spoken in Genesis 1:28 unto Humanity. Satan aims to make us see HIM as Wicked for telling us to "Over-populate when HE knows that HE Created only limited Resources on Earth." This is one is the most Wicked Satanic Subtle Popular mindset that many have secretly carry in them but not bold enough to even Ask Questions that would Help them solve this wicked Anti-CREATOR Bondage which Satan used Education System and Media to Reinforce into People's Minds. The good News is that Guaranteed Solution to over-Population has been finally Revealed, and you shall see that there is no need whatsoever for anybody from Adam and Eve to you and I to ever die.
Like if you know that Our CREATOR couldn't have told us to Multiply if HE has a no Pro-Life Solution to Over-Population.

See the Guaranteed Solution to Over-Population: https://nairaland.unblockandhide.com/7747222/guaranteed-solution-over-population

Same country that spends billions of dollars sponsoring wars across the world cannot afford to wipe out student loans

student Loan hmmmm ;Dstudent Loan hmmmm

Hmmmmmn,
NIGERIA!

student Loan hmmm

Same country that spends billions of dollars sponsoring wars across the world, cannot afford to wipe out student loans

Ok

The beginning.

America... They will use it to buy ammunitions for Ukraine

Greek Gift
Loan is like Kongi you really need to get laid and will do anything to get laid irrespective of and conditions, when you finally get someone to get down with, you don't care to do background checks cos you are in a hurry and desperate. you enjoyed every bit of the knacks only after you cum you realize you have been played and the stress you went through wasn't needed

Wow

HonNL:
Supreme Court STRIKES DOWN Biden's $400 billion student loan forgiveness: Justices rule president does not have authority to cancel debt of millions in another landmark ruling



SOURCE

DJT is arguably the US president with the biggest impact on social, political and religious issues in history. He has only done one term, what will happen in a second?

I the courts.

How will the lenders recoup their money. If Uncle Sam pays, where is the money coming from or will it just increase the public debt which needs to be tamed?

I feel the student loans scheme needs to be reformed. There should be a limit to how much can be lent to each student as it simply encourages university fees to grow faster than inflation.

He who knows better please educate me.

Hey wahala dey oo. So na d reason tinubu dey copy u.s government. Hmm we are in for a long ride

The debt forgiveness will favor me and my family.

american wahala too much

Alright.