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Biden vows to pursue student debt relief with a different law

Demonstrators in favor of cancelling student debt march from the Supreme Court to the White House in Washington, June 30, 2023. The Supreme Court ruled on Friday that the Biden administration had overstepped its authority with its plan to wipe out more than $400 billion in student debt, dashing the hopes of tens of millions of borrowers and imposing new restrictions on presidential power. (Kenny Holston/The New York Times)
Demonstrators in favor of cancelling student debt march from the Supreme Court to the White House in Washington, June 30, 2023. The Supreme Court ruled on Friday that the Biden administration had overstepped its authority with its plan to wipe out more than $400 billion in student debt, dashing the hopes of tens of millions of borrowers and imposing new restrictions on presidential power. (Kenny Holston/The New York Times)
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Even as he denounced the Supreme Court ruling striking down his student debt forgiveness program and blamed Republicans for going after it, President Joe Biden said Friday that his administration would start a new effort to cancel college loans under a different law.
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