U.S. President Joe Biden speaks about the U.S. Supreme Court’s decision to overturn student debt forgiveness in the Roosevelt Room of the White House in Washington, DC on June 30, 2023.
Jim Watson | AFP | Getty Images
President Joe Biden suggested on Friday that he is looking for another way to relieve student debt after that The Supreme Court rejected his pardon plan.
“Today’s decision closed one avenue,” Biden said during a briefing Friday. “Now we will pursue another.
Biden says his administration will try to provide another loan forgiveness program under the Higher Education Act, an act of 1965.
In a 6-3 decision, the court’s conservative majority struck down Biden’s plan to cancel up to $20,000 in student debt for tens of millions of Americans.
The Supreme Court said the president did not have the authority to order his secretary of education to cancel such a large amount of consumer debt without authorization from Congress.
Consumer advocates said debt relief shouldn’t die with judges.
“Biden must use other legal authority to meet this critical commitment, and he must do so immediately,” said Astra Taylor, co-founder of the Debt Collective.
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