“Time Is of the Essence”: Astra Taylor on Student Debt Relief Setback at Supreme Court, Biden’s Plan B
The Supreme Court has blocked President Biden’s student debt relief plan, which sought to cancel up to $20,000 in individual loans, adding up to over $400 billion of federal student debt. The decision comes as a major blow to some 40 million qualified borrowers. Biden has announced his administration will pursue a “new path” for debt relief. “It was a blow to debtors,” says Astra Taylor, organizer with the Debt Collective and advocate for debt abolition.