Attorney General Bonta: Supreme Court Decision on Student Loan Debt Forgiveness Plan is ‘Profoundly Disappointing’

OAKLAND – California Attorney General Rob Bonta today issued the following statement in response to the U.S. Supreme Court's decision to strike down the Biden Administration’s plan to discharge between $10,000 and $20,000 in federal student loan debt for certain lower-income borrowers. On January 11, 2023, Attorney General Bonta joined 21 attorneys general in filing an amicus brief in the U.S. Supreme Court in support of that historic plan.

“The Supreme Court’s decision is profoundly disappointing,” said Attorney General Bonta. “Approximately 40 million Americans — including more than 3.5 million Californians — stood to benefit from the Biden Administration’s historic student loan debt forgiveness plan, and now, they’ve been hung out to dry. As my fellow attorneys general and I underscored in our amicus brief, Education Secretary Miguel Cardona properly exercised his legal authority by targeting borrowers most impacted by the pandemic. I continue to stand by that belief.”