US Supreme Court strikes down President Biden student loan forgiveness plan – BBC News

The US Supreme Court has struck down US President Joe Biden’s proposal to wipe out billions in student debt.

The 6-3 ruling effectively cancels the plan, which would have forgiven about $10,000 (£7,800) per borrower – and up to $20,000 in some cases.

But the plan has been in limbo since some conservative states sued, arguing the president overstepped his authority. The Supreme Court agreed.

The decision affects the loans of more than 40 million Americans.

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