Supreme Court Strikes Down Biden’s $430 Billion Student Loan ‘Forgiveness’ Plan

The Supreme Court struck down Joe Biden’s student loan forgiveness plan on Friday, ending a $430 billion debt writeoff that critics said had been a midterm election gimmick Biden knew was unconstitutional.

As Breitbart News reported last fall: “Over the summer, Biden announced his decision to forgive up to $20,000 in student debt for Americans making less than $125,000 a year. The president announced details of his plan on social media, describing it as a “campaign promise” to give “working and middle-class families breathing room” on student loans.”

The plan was criticized for attempting to evade Congress’s power to control spending and debts, for prioritizing elite college graduates over working-class Americans who chose not to go to college, and for punishing those who paid off their loans or chose fields of study more likely to lead to finding good jobs.

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