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Supreme Court halts Biden's student loan forgiveness plan

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Content Team
Image Credit: NewsBytes

The United States (US) Supreme Court rejected President Joe Biden's student loan forgiveness scheme on Friday, depriving tens of millions of Americans of the opportunity to have up to $20,000 of their debt canceled. The plan, unveiled by Biden last year, would have forgiven up to $10,000 (£7,800) per borrower, and up to $20,000 in some situations.