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Professor Mallory SoRelle on the Supreme Court Ruling Against Biden’s Student Debt Cancellation Plan, 3Streams

Professor Mallory SoRelle described the financial effects of the Supreme Court decision to block the President’s student debt cancellation plan, noting the “pernicious effect” this has for Black Americans. According to Sorelle, a study was done that linked student debt to delays in marriage, homeownership and more. With a rise in the cost of living and the continuance of student loans, there will likely be “major political ramifications.” Sorelle conducted a survey to explore how people felt about student loan cancellation and how it might influence their decisions at the ballot box. “We found that hypothetical candidates who embraced expansive student debt cancellation with few eligibility restrictions were likely to benefit at the ballot box — especially with Democratic-leaning voters.”

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