“Mr. President, why have you given false hope to millions of borrowers? You have doubted your own authority here in the past,” reporter Jacqui Heinrich said as Biden wrapped up a news conference.
The President glared at Heinrich. “I didn’t get my hopes up,” he said, emphasizing the last few words. “The question was whether I would do more than was asked. I thought what I did was appropriate and could and would do it. I didn’t give borrowers false hope. But Republicans have snatched away the hope that was given to them. And it’s real. Real hope.”
The conservative-majority court ruled 6-3 that the president had no authority to service that debt himself, thwarting Biden’s initiative to waive up to $20,000 in debt on more than 40 million borrowers.
“I will never stop fighting for you,” the president promised borrowers. “We will use all the resources at our disposal to get you the student debt relief you need and to achieve your dreams. It’s good for the economy. It’s good for the country. It will be good for you.”