Biden, Calling Supreme Court Decision on Student Loans a ‘Mistake,’ Proposes New Basis for Debt Cancellation

‘We need to find a new way and we’re moving as fast as we can,’ President Biden says.

Chip Somodevilla/Getty Images
President Biden and the education secretary, Miguel Cardona, left, at the White House on June 30, 2023. Chip Somodevilla/Getty Images

Following the rejection of one of his signature policy priorities at the hands of the Supreme Court’s conservative majority, President Biden is promising to move forward with a new legal basis for student loan relief programs with all haste. 

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