People rally in support of the Biden administration's student debt relief plan in front of the the U.S. Supreme Court on February 28 in Washington, DC.
Mandatory Credit:	Drew Angerer/Getty Images

People rally in support of the Biden administration's student debt relief plan in front of the the U.S. Supreme Court on February 28 in Washington, DC.
Mandatory Credit: Drew Angerer/Getty Images

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Supreme Court blocks Biden’s student loan forgiveness program

In a stinging defeat for President Joe Biden, the Supreme Court blocked the administration’s student loan forgiveness plan Friday, rejecting a program aimed at delivering up to $20,000 of relief to millions of borrowers struggling with outstanding debt.