The Supreme Court ruled Friday that the Biden administration cannot go forward with their student loan debt handout program.
The initiative, which had been on hold pending litigation, involved the federal government providing up to $10,000 in debt relief – and up to $20,000 for Pell Grant recipients – for people who make less than $125,000 a year. The program was expected to cost the government more than $400,000.
Biden made the unprecedented push for debt cancelation in August 2022, and…