<!-- wp:html --><p>Getty</p>
<p>The <a href="https://www.thedailybeast.com/ketanji-brown-jackson-dismantles-scotus-conservatives-in-blistering-affirmative-action-dissent">Supreme Court</a> on Friday struck down <a href="https://www.thedailybeast.com/biden-already-has-congress-ok-to-cancel-student-loan-debt">President Joe Biden’s signature initiative</a> to cancel student loan debt for more than 40 million Americans.</p>
<p>The Higher Education Relief Opportunities for Student Act of 2003 (HEROES) program would have forgiven eligible borrowers of up to $20,000 each, costing some $400 billion overall, but it was blocked by an appeals court in October.</p>
<p>The justices split the <a href="https://www.supremecourt.gov/opinions/22pdf/22-535_i3kn.pdf">decision</a> 6-3, with the conservative majority saying the president—and his secretary of education—do not have the authority to unilaterally act without congressional approval. </p>
<p><a href="https://www.thedailybeast.com/supreme-court-strikes-down-bidens-student-loan-forgiveness-plan">Read more at The Daily Beast.</a></p><!-- /wp:html -->
The Higher Education Relief Opportunities for Student Act of 2003 (HEROES) program would have forgiven eligible borrowers of up to $20,000 each, costing some $400 billion overall, but it was blocked by an appeals court in October.
The justices split the decision 6-3, with the conservative majority saying the president—and his secretary of education—do not have the authority to unilaterally act without congressional approval.