US Supreme Court rules against Biden’s student loan relief program

While this is really sad and people absolutely need the relief (and I say that as someone who paid off over $200k in student loans), I hope this gives lobbyists&#x2F;activist groups&#x2F;etc more focus to attack the _real_ problem of higher education being way too expensive.<p>We&#x27;re trending towards major swaths of higher education only being accessible to the wealthy, which will lock so many people out of opportunities to improve their station in life.<p>This comment in particular really frustrated me:<p>&gt; In the opinion, delivered by Chief Justice John Roberts, the court found that the debt forgiveness plan would “cut into Mohela’s revenue, impairing its effort to aid Missouri college students”.<p>Ah, yes, let&#x27;s defend a _de facto national_ lender from obtaining revenue for an industry it helped create. Disgusting.<p>(I had a loan serviced by MOHELA. I went to school in New Jersey. I never lived in Missouri.)

I am interested in seeing if this decision has any side-effects in regards to the future of the economy.<p>I know myself and others who are still saddled with student loans are going to be spending less on consumer goods due to this decision.<p>I doubt this decision would ever cause any kind of major effects on the economy in isolation, but one can only load so much straw on the metaphorical camel&#x27;s back before the camel&#x27;s back breaks.