Biden offers alternative student debt relief plan that would remove immediate threat of default

Biden on Friday blamed Republican opposition for triggering the Supreme Court’s ruling and slammed the decision as wrong.

The White House said Biden’s chief of staff, Jeff Zients, has been holding meetings about once a week to prepare for the Supreme Court ruling, and administration officials also have met and spoken with dozens of advocates and allies in the congressional community,, so they would have a fully formed response once the court had ruled.

Electoral consequences aside, progressive Democrats in Congress and activists clamored for the White House to offer a swift and substantial response to the court’s decision. Natalia Abrams, president and founder of the Student Debt Crisis Center, said the responsibility falls “squarely” on Biden’s shoulders.

Republicans now seeking their party’s 2024 presidential nomination lined up to applaud the ruling, with former Vice President Mike Pence saying he was “pleased that the court struck down the radical left’s effort to use the money of taxpayers who played by the rules and repaid their debts in order to cancel the debt of bankers and lawyers in New York, San Francisco, and Washington.”

The White House’s efforts to block payments were an attempt to keep a Biden 2020 campaign promise to wipe out student loan debt that was especially popular with young voters and progressives. Both will be vital to Biden in next year’s presidential race — but may be less energized about supporting him after the high court’s decision.

The poll suggested that Biden gets credit for his handling of the issue among young adults in particular. Fifty-three percent of adults under age 30 said they approved of Biden’s handling of student debt, compared with only 36% who approved of his job performance overall.

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