President Biden reveals new path for student loan forgiveness after SCOTUS defeat

Contributing sentiments towards policy:

59% : Advocates of debt relief for student loan borrowers urged Biden to act immediately following the court's decision.
52% : Another way legally to achieve the same goal - forgiving up to $20,000 in student loan debt for low- and middle-income households - would be for Congress to act.
47% : In addition to starting over on student loan forgiveness, Education Secretary Miguel Cardona said borrowers who can't make payments when the pause on student loan bills ends in October will have a one-year reprieve on the consequences that come along with missed payments.
45% :The Supreme Court ruled that Biden overstepped his executive authority when he bypassed Congress to wipe out $400 billion in student loan debt by citing a provision in the 2003 HEROES Act that allows the education secretary to "waive" or "modify" student loans during a national emergency.
45% :For months, the White House publicly resisted calls from liberal constituency groups to come up with a Plan B for student loan debt in anticipation of the conservative-majority court striking down Biden's action on student loans.
45% : "Despite this legally unsound Supreme Court decision, the president has the clear authority under the Higher Education Act of 1965 to cancel student debt," Sen. Bernie Sanders, I-Vt., said in a statement ahead of Biden's speech.
44% : The debt cancelation was only available to borrowers with annual incomes less than $125,000 or from households earning $250,000 or less.
40% : 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.
29% : The court's 6-3 decision along ideological lines dashed the hopes of 26 million people who applied for student loan cancellation since Biden took the action last August, putting pressure on Biden to find other ways for debt relief.
18% : WASHINGTON - 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.

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