Supreme Court Trolls Nancy Pelosi in Decision Striking Down Biden’s $400 Billion Student Loan Scheme – Conservatives Respond with Glee (VIDEO)
The Supreme Court on Friday struck down Joe Biden’s student loan scheme, ruling that he overstepped his authority. The decision was 6-3 with Roberts writing for the majority.
As Cristina Laila previously reported, Biden canceled over $400 billion in student loans which turns out to be up to $10,000 in student debt for borrowers who earn $125,000 a year or less and up to $20,000 for recipients of Pell Grants.
Six Republican state attorneys general sued Joe Biden and argued the student loan bailout violates the separation of powers. Separately, two borrowers who did not qualify for Joe Biden’s student loan forgiveness plan sued to stop the program.
The 8th US Circuit Court of Appeals in November extended a block on Joe Biden’s student loan bailout plan.
