Supreme Court , Derails Biden's Plan for , Student Debt Relief.br On June 30, the Supreme Court ruled that br President Joe Biden's student debt relief plan br was an unlawful exercise of presidential power. .br On June 30, the Supreme Court ruled that br President Joe Biden's student debt relief plan br was an unlawful exercise of presidential power. .br NBC reports that the justices br were divided on the 6-3 ruling br along ideological lines. .br The court also rejected the administration's argument that the 2003 Higher Education Relief Opportunities for br Students Act, or HEROES Act, gave the president authority.br According to that law, the government br could provide relief for student debt br under a "national emergency.".br The plan would have allowed thosebr eligible to cancel up to $20,000 in debt br and would have cost over $400 billion. .br In October, the 8th U.S. Circuit Court of Appeals br blocked the plan with a temporary hold. .br Approximately 43 million people in the U.S. would br have been eligible to take part in the program.br NBC points out that tackling student debt br was a key point made by Biden while br speaking on the campaign trail in 2020.br According to White House officials, Biden br is expected to announce new actions aimed br at protecting student loan borrowers. .br Meanwhile, at the end of August, the student loan br repayment process is set to start back up after br being put on hold amid the COVID-19 pandemic.