Mayor Scott's Statement On Supreme Court's Decision to Reject President's Student Loan Debt Relief Plan
Friday Jun 30th, 2023
FOR IMMEDIATE RELEASE
BALTIMORE, MD. (Friday, June 30, 2023) - Today, Mayor Brandon M. Scott issued the following statement regarding the US Supreme Court's decision in the student loan forgiveness case, Biden v. Nebraska.
"The Supreme Court's decision to strike down President Biden's plan to forgive over $400 billion in student loan debt is yet another extremely disappointing example of their shamelessly politically-motivated attacks on the daily lives of hard-working Americans.
Student loan debt affects millions of Americans regardless of their background, but it can be particularly crippling for Black and Brown students. By eliminating this pathway for student loan debt relief the court is explicitly making it more difficult for families in Baltimore and across the country to gain economic security and build generational wealth. It also significantly impacts our entire economy, taking money out of our communities and putting it in the pockets of student loan lenders.
Today, the court has guaranteed that the current higher education system and its prohibitive financial burden will continue to pile on burdens to students everywhere without any real pathway for relief. Yet again, due to the Court's reckless actions, current and former students will suffer, our neighborhoods will lose out, and Baltimore will continue to feel the impact of the Supreme Courts reactionary activism."