Statement from Treasurer José Cisneros on Supreme Court Student Debt Decision

“I am disappointed in today’s Supreme Court decision invalidating the Biden administration’s student loan forgiveness plan. We cannot accept a return to the failed status quo, where student loan debt accelerates the racial wealth gap and disrupts the financial success of low-income borrows throughout their life,” said Treasurer José Cisneros. “We must continue to work collectively to provide relief for struggling student loan borrowers and strive for a future where higher education is affordable for all.”

Learn more about the decision and find student loan resources at sfgov.org/ofe/StudentDebt.