The Supreme Court on Friday rejected President Joe Biden’s student loan forgiveness plan, which would have provided as much as $20,000 in debt relief to millions of borrowers, at an estimated total cost of more than $400 billion. The court ruled in Biden v. Nebraska that the White House had exceeded its authority when it enacted the plan via executive order, rejecting the argument that the 2003 HEROES Act – which was passed in the wake of 9/11 and empowers the Secretary of Education to grant rel