Michigan residents with federal student loans are expressing disappointment in the wake of a U.S. Supreme court ruling. The court said the Biden administration could not use an executive order to forgive billions in federal student loans.
Bailey Sullivan is a Ph.D. student at the University of Michigan. She says the loan forgiveness plan would have eliminated 80% of her $25,000 in student loan debt.
"It's a little bit frightening, makes me a little nervous, to not really know what the future holds for me financially once I finish my degree in a couple of years." said Sullivan.
The White House says 864,000 people from Michigan applied for relief or were deemed automatically eligible for relief from student loans under the Biden plan that's now been struck down.
