The Supreme Court's hazardous ruling against Biden's student loan forgiveness

In striking down the Biden administration’s student loan forgiveness program, the Supreme Court ignored one of the most basic principles of law: When the text of a law is clear, it must be followed unless it is unconstitutional.

A federal statute, the Higher Education Relief Opportunities for Students Act of 2003 (HEROES Act), explicitly authorizes the Secretary of Education to “waive or modify” student loan obligations. That is exactly what President Biden did in his loan forgiveness program, but the court, ruling 6-3, decided that he lacked authority under the law to take this step, which would have helped more than 40 million people.

In the early days of the COVID pandemic, then President Trump used the authority under this statute to suspend the need for most borrowers to repay student loan obligations. Biden, on taking office, continued this relief. He then made it permanent, providing up to $20,000 of forgiveness of student loans for those who qualified.

Two lawsuits were filed challenging this action. One was brought by two individuals who did not qualify for relief under the Biden program. The Supreme Court unanimously found that they lacked standing to sue because striking down the Biden program would not benefit them.