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Supreme Court votes to toss out Biden’s student loan relief program

The Supreme Court tossed out President Biden’s plan to eliminate student loan debt. The justices, voting 6-3, sided with six Republican-led states that sued to challenge the program, Companies that may be impacted by new student loan regulations include Navient (NAVI), SoFi Technologies (SOFI), Nelnet (NNI) and SLM (SLM).

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