Supreme Court rules against Biden’s student-loan forgiveness plan, halting potential relief for millions of borrowers

This morning June 30th, 2023, the US Supreme Court ruled President Biden’s Student Debt Relief Plan to be unlawful in a 6-3 vote

As many Americans know, nearly 45,000,000 borrowers must resume monthly payments on their Federal Student Loans this October as CARES Act protections expire. Those borrowers are college-educated individuals that have worked & studied hard to qualify themselves for jobs with great employers. They are designers, engineers, counselors, analysts, sales professionals, and more…and are among our economy’s most sought-after workers.

If your company is willing to help pay down student loans, it can win the battle for college-educated talent. Peanut Butter can assist by quickly getting your company’s Student Loan Assistance program off the ground. Large, mid-sized, and small employers can typically set up their programs in less than an hour of work time with Peanut Butter; our platform is known for being easy to use, set up, and well-supported.

Visit to learn more, check out pricing for each level of service we offer, download product summary PDFs, view feature details, estimate the annual budget, look through FAQs, and get started.