Today, in Biden v. Nebraska, the Supreme Court ruled that President Biden's $430 billion loan forgiveness plan is illegal because not authorized by Congress under the 2003 HEROES Act. It also ruled that, at least one of the plaintiffs, the state of Missouri, has standing to sue. Chief Justice John Roberts wrote the majority opinion, in a 6-3 split along ideological lines. He concludes that the plan is unauthorized under the text of the HEROES Act and also runs afoul of the "major questions" doctrine.
