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

Jan. 6 defendant arrested near Obama's home had guns and 400 rounds of ammunition in his van

“The president possesses the power, and must summon the will, to secure the essential relief that families across the nation desperately need,” Abrams said in a statement. 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.”

Trying to place the onus for ending the plan on the GOP could allow Biden’s reelection campaign to keep the issue of students loans as one of strength in the short term. But that may ultimately offer little solace to 43 million Americans who will now could have to start again repaying their student loans.

Wisdom Cole, the national director of the NAACP Youth & College Division, said Black Americans helped put Biden in the White House, so there’s an obligation for him to “finish the job” with his pledges to provide relief for borrowers around the country. He suggested a lack of action could see Biden face a backlash next year with key demographics — specifically young voters and Black voters.

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