Millions of Americans were left reeling on Friday after the US supreme court struck down the Biden administration’s plan to forgive $430bn in student debt, stirring anxiety among borrowers just months before student loan payments are set to resume in October.
“This decision is a slap in the face to millions of Americans who, like me, were told to pursue college and dream of a brighter future, and are now punished for doing so,” said Tim Scalona, a law student at Suffolk University in Boston, who spent months bracing for the ruling. He was keenly aware of the current court’s hostility to student debt forgiveness.