EDUCATION

The Reactions To The Court’s Ruling On Student Loan Debt Forgiveness

The reaction to the Supreme Court’s decision was mixed, with supporters and opponents of student loan forgiveness expressing their views on social media and other platforms.

President Biden expressed his disappointment and frustration with the ruling in a statement. He said he would continue working with Congress to find ways to help student borrowers and make college more affordable.

“I am deeply disappointed by today’s Supreme Court decision that blocks my plan to provide relief to millions of Americans who are drowning in student debt. This plan was not only a moral imperative, but a smart economic policy that would have helped millions of families and boosted our recovery from the pandemic. I will not give up on this issue, and I will work with Congress to pass legislation that will make college more accessible and affordable for all Americans,” Biden said.

Secretary of Education Miguel Cardona also expressed regret and vowed to keep fighting for student borrowers. He said that his department would continue implementing other policies and programs to help borrowers manage their debt, such as income-driven repayment plans, public service loan forgiveness, and borrower defense to repayment.

“I am saddened by the Supreme Court’s decision that denies relief to millions of student borrowers who have been struggling to repay their loans during this unprecedented crisis. I believe that our plan was lawful and justified under the HEROES Act, and that it would have made a positive difference in the lives of many Americans. However, I respect the court’s authority and I accept its ruling. I want to assure student borrowers that we are still here for them, and we will continue to offer them options and support to help them repay their loans,” Cardona said.

Missouri Attorney General Eric Schmitt, who led the state’s lawsuit against the plan, celebrated the ruling as a victory for the rule of law and the Constitution. He said the ruling protected the states’ rights and interests from federal overreach.

 “Today’s Supreme Court decision is a huge win for Missouri and for all Americans who value the rule of law and the separation of powers. We challenged President Biden’s unlawful plan to cancel student debt because it was an abuse of executive power that violated the Constitution and harmed our state. The court agreed with us and stopped this massive giveaway that would have cost taxpayers billions of dollars and rewarded irresponsible behavior. We are proud to have defended our state’s sovereignty and our citizens’ rights from this federal intrusion,” Schmitt said.

 Some student borrowers also reacted to the ruling, expressing anger, frustration, and despair. Many said they felt betrayed by Biden and the court and lost hope of ever getting out of debt.

 “I can’t believe this. I voted for Biden because he promised to cancel my student debt. Now he says he can’t do anything because of the Supreme Court. How is this fair? I have $50,000 in loans that I can’t afford to pay back. I work two jobs and I still can’t make ends meet. I feel like I have no future,” said Jessica, a 28-year-old nurse from New York.

 “I’m so angry right now. The Supreme Court just screwed over 40 million people who are suffering from student debt. They don’t care about us. They only care about protecting the rich and powerful. They don’t understand how hard it is to go to college and get a decent job in this economy. They don’t understand how much stress and anxiety student debt causes us. They don’t understand how much we need relief,” said Michael, a 32-year-old teacher from California.

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Readers Bureau, Contributor

 Edited by Jesus Chan

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