The U.S. Supreme Court on Friday struck down the Biden administration's plan to forgive student debt for millions of borrowers. | ManilaBulletin
In a 6-to-3 decision along ideological lines, the conservative-dominated Supreme Court rejected the Biden administration's arguments that the plan was lawful under a 2003 law called the Higher Education Relief Opportunities for Students Act .
The text of the HEROES Act does not authorize the secretary of education's loan forgiveness program, said the court, adding that the secretary's power under the act to "modify" does not permit "basic and fundamental changes in the scheme" designed by the U.S. Congress. The Biden administration announced a plan last year to cancel up to 20,000 U.S. dollars for federal student loan borrowers who received a Pell Grant, a form of federal financial aid issued to lower-income students that does not have to be repaid, and up to 10,000 dollars for those who did not receive a Pell Grant.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US Supreme Court blocks Biden student loan forgivenessThe US Supreme Court handed President Joe Biden a painful defeat on Friday, blocking his plan to cancel $430 billion in student loan debt - a move that had been intended to benefit up to 43 million Americans and fulfill a campaign promise.
Read more »
US Supreme Court blocks Biden student loan forgiveness'Today's decision has closed one path. Now we're going to pursue another,' Biden says at the White House, announcing steps being taken under a law called the Higher Education Act.
Read more »
Supreme Court denies Makati's motion to file 2nd appeal on territory dispute vs TaguigUnder the Rules of Court, the Supreme Court says a second motion for reconsideration is generally prohibited.
Read more »
US Supreme Court bans the use of race in university admissionsThe US Supreme Court on Thursday banned the use of race and ethnicity in university admissions, dealing a major blow to a decades-old practice that boosted educational opportunities for African-Americans and other minorities.
Read more »
Afghanistan releases over 2,000 prisoners for Eid al-Adha: supreme courtA total of 2,178 prisoners were released before Eid al-Adha, one of the most important festivals for Muslims, the Afghan Supreme Court said Thursday on its twitter page. | ManilaBulletin READ:
Read more »
US Supreme Court rejects affirmative action in university admissionsWASHINGTON -- The U.S. Supreme Court on Thursday struck down race-conscious admissions programs at Harvard University and the University of North Carolina, effectively prohibiting affirmative
Read more »