Supreme Court upholds $6 billion student loan debt settlement.

The Supreme Court has declined to halt a legal settlement that would cancel over $6 billion in student loan debt from borrowers who claim they were misled by their schools, mostly for-profit institutions. The settlement was reached last year after a class-action suit from nearly 200,000 borrowers against the Department of Education in 2019. The decision is not related to a challenge to President Biden's attempts to cancel up to $20,000 in student loan debt for 40 million Americans.