The supreme court just threw millions of American student debtors under the bus | Eleni Schirmer

Conservatives cooked up an absurd case because they know the Biden administration is fully able to cancel debt

Last August, President Biden did something no president has done before. He announced a plan to mass cancel student debt, offering $10,000 to $20,000 of relief for borrowers who earn under $125,000 annually.

The triumph of this policy was more than the sliver of debt that it potentially sliced off the second-largest type of household debt in the US. More fundamentally, Biden's policy proposal put an ideological dent in the American doctrinal belief that a creditor's right to repayment is the first-order business of any economy.

Eleni Schirmer, a writer and postdoctoral fellow at the Concordia University Social Justice Centre in Montreal, is part of the Debt Collective