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ARTICLE · 05 JULY 2023

High Court Strikes Down President Biden's Student Loan Relief Program

Ogletree, Deakins, Nash, Smoak & Stewart
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The Supreme Court of the United States, on June 30, 2023, struck down President Biden's student loan relief program that was set to provide partial debt cancellation to approximately 40 million student loan borrowers.

United StatesConsumer Protection
Eric D. Penkert
Eric D. Penkert
Hillary M. Sizer
Hillary M. Sizer
Zachary V. Zagger
Zachary V. Zagger
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The Supreme Court of the United States, on June 30, 2023, struck down President Biden's student loan relief program that was set to provide partial debt cancellation to approximately 40 million student loan borrowers. As a result of this decision, employers may want to consider implementing or expanding their education assistance programs.

Quick Hits

  • The Supreme Court held that the HEROES Act does not authorize President Biden's student loan debt cancellation program.
  • Several recent legal changes enable employers to offer education assistance programs as part of their benefits packages.

The Supreme Court held that the Higher Education Relief Opportunities for Students (HEROES) Act of 2003, which allows the Secretary of Education to "waive or modify" federal student loans, does not authorize President Biden and the U.S. Department of Education's plans to cancel student loan debt.

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