THE SIGNAL
Supreme Court Chief Justice John Roberts cited then-House Speaker Nancy Pelosi’s 2021 remarks in his majority opinion striking down President Joe Biden’s student loan cancellation program.
The Supreme Court ruled 6–3 on Friday that the Biden administration lacked the authority to cancel $430 billion in student loans under the HEROES Act of 2003.
The forgiveness program would have canceled $10,000 in student loan debt for those making less than $125,000 or households with less than $250,000 in income.
Pell Grant recipients, who typically demonstrate more financial need, would have had an additional $10,000 in debt forgiven.
Twenty-six million people had applied for relief and 43 million would have …
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