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'It's a blow': Graduates react to Supreme Court ruling on student loan forgiveness

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In a 6-3 decision, the justices ruled Biden wasn't authorized to offer the $400 billion in debt relief. His loan forgiveness program would have canceled $10,000 in debt for anyone making less than $125,000 a year or households making less than $250,000.

FILE - A tassel with 2023 on it rests on a graduation cap as students walk in a procession for Howard University's commencement in Washington, Saturday, May 13, 2023.

 

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