Supreme Court blocks Biden's debt-relief plan

The 6-to-3 decision stops the Biden administration from moving forward with plans to forgive up to $20,000 in student loans for eligible Americans, but the administration announced new steps to aid borrowers. President Biden proposed “a new path” for debt relief after the Supreme Court struck down his initial plan Friday. It remains unclear how many people will benefit from the new plan, compared to the old one, which would have helped 40 million borrowers. Details of the new plan:

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