[Music] the Supreme Court declined to reinstate the Biden administration's latest student debt cancellation plan leaving millions of borrowers in limbo as legal challenges continue the justices turned down a request from the justice department to lift an appeals order blocking the save plan an income-driven repayment program designed to lower monthly payments and offer earlier loan forgiveness the safe plan is part of President Biden's broader effort to reduce the financial burden on about 43 million Americans with student debt it comes after a previous plan which aimed to cancel over $400 billion in loans was struck down by the Supreme Court last year the plan's estimated cost has been a point of contention with critics arguing it effectively forgives loans without proper authorization [Music]