WASHINGTON, DC - JUNE 29: U.S. President Joe Biden makes a statement about the Supreme Court’s decision on affirmative action in higher education in the Roosevelt Room at the White House on June 29, 2023 in Washington, DC. In deciding Students for Fair Admissions v. Harvard and Students for Fair Admissions v. University of North Carolina, the Supreme Court held that affirmative action programs in college admissions processes violate the Equal Protection Clause of the Fourteenth Amendment.PHOTO BY CHIP SOMODEVILLA/GETTY IMAGES
The Supreme Court ruled Friday that President Joe Biden’s plan to wipe out up to $10,000 of student debt for eligible Americans is unconstitutional.Biden is expected to announce new actions regarding student loans sometime Friday, according to CNN.
The court ruled the federal government overreached its authority with the plans and voted 6-3 to strike down the student loan forgiveness initiative.
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