Biden's Ongoing Battle with Supreme Court over Student Debt Forgiveness

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Source: CNBC
Biden's Ongoing Battle with Supreme Court over Student Debt Forgiveness
Photo: CNBC
TL;DR Summary

President Joe Biden's response to the Supreme Court striking down his original federal student loan forgiveness plan was seen as a bold and direct confrontation with the Court. Biden disagreed with the ruling and announced his intention to pursue the same goal under a different law. Legal historian Noah Rosenblum noted that mainstream Democrats have been hesitant to challenge the Supreme Court, making Biden's stance unique. The Supreme Court's decision was narrow, and experts predict another legal battle if Biden's second attempt to forgive student debt reaches the Court. The pressure to address student debt stems from the growing inequality and the realization that a college degree no longer guarantees economic mobility in an unfair economic system.

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