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Supreme Court Won't Block $6B Student Debt Relief Settlement

By Ana Escamilla
Published in Financial Planning
April 13, 2023
1 min read
Supreme Court Won't Block $6B Student Debt Relief Settlement

So, I just read this article about a $6 billion student debt relief settlement that was approved by the Supreme Court. Basically, a bunch of former students at ITT Tech were suing the government for not allowing them to have their student loans canceled after the school shut down. Well, after a long legal battle, they finally won, and they’ll be getting their loans forgiven.

Now, I know firsthand how stressful it can be to have student loans hanging over your head. When I graduated from college, I was terrified of how I was going to pay back all of the money I had borrowed. I had heard horror stories about people who were still paying off their loans well into their 50s and 60s. It’s a serious issue that affects millions of Americans, and it’s only getting worse.

So, to hear that these students are finally getting some relief is a huge deal. It’s not going to solve the student debt crisis overnight, but it’s a step in the right direction. Plus, it’s just nice to see the little guy win every once in a while, you know?

Overall, I think this is an important topic because it shines a light on the injustices faced by people who are just trying to get an education and make a better life for themselves. It’s not fair that they should be punished for pursuing their dreams. Hopefully, this settlement is a sign that things are starting to change for the better.


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Supreme Court allows $6 billion student loan debt settlement
Ana Escamilla

Ana Escamilla

Freelance Journalist

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