[WASHINGTON, D.C.] – U.S. Senator Richard Blumenthal (D-CT) released the following statement in response to the U.S. Supreme Court’s 6-3 decision in Biden v. Nebraska blocking student debt relief for millions of Americans:
“This Supreme Court decision condemns a generation of American student loan borrowers to a lifetime of financial insecurity – putting off homeownership, starting families, and building new businesses. Rising costs and predatory lenders forced young people to mortgage their futures for a chance at a college education. This decision and continued Republican obstruction of debt relief will have devastating consequences – not just for these borrowers and their families, but for our entire economy.
I am mystified and outraged, but sadly not surprised, that the activist conservative Justices have once again substituted their policy preferences for legal interpretation. I look forward to working with the Biden Administration on alternative paths forward to support student borrowers.
In its radical extremism and ethical blindness, the nation’s highest court seems to put itself above the law, answerable to no one.”