Washington: Despite the court decision, the Biden administration has announced the forgiveness of 39 billion dollars in loans, giving great relief to students.
According to ARY News, the government of American President Joe Biden has announced to forgive the debts of more than 800,000 students worth 39 billion dollars, despite the court decision, this relief has been provided to the students.
This aid has been given to students under the Covid emergency after the court decision by the Biden administration.
The administration stated its stand and said that the education department can provide relief to students in emergency situations, the Supreme Court had ruled against the announcement of student loan waiver last month.
It should be noted that the current President of the United States, Biden, promised student loan waivers during his election campaign.
President Biden’s announcement has been declared an overreach by the Supreme Court because despite the court’s decision, more than 800,000 students have been forgiven 39 billion dollars in loans.