June 30, 2023
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1:12Now PlayingPresident Joe Biden called the Supreme Court's ruling on student debt relief "wrong" and outlined alternative paths to relieve student debt.
RELATEDSCOTUS student debt relief decision blocks Biden's forgiveness program
President Joe Biden said Friday that he will pursue canceling student loan debt through an alternative legal authority after the Supreme Court blocked his signature program to eliminate up to $20,000 in student loan debt for millions of Americans.
Biden said his administration will work to forgive student loan debt through the Higher Education Act of 1965, which he said authorizes the education secretary to modify, waive or compromise federal student loan under certain circumstances.
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