Supreme Court justices have ruled that President Joe Biden did not have the authority to pursue a sweeping student loan forgiveness program.

Biden wanted to erase $10,000 in federal student loan debt from the accounts of millions of Americans. Biden also proposed canceling an additional $10,000 for those who received federal Pell Grants to attend college.

The court agrees with conservative states who argued that the HEROES Act does not authorize the debt forgiveness plan.

Critics who sued said the administration did not have the authority to put taxpayer money toward student loan forgiveness. Some critics also said the program helped many people who have college degrees and higher earning power at the expense of people who did not or could not go to college.

According to the Consumer Financial Protection Bureau, more than 1 in 13 student loan borrowers are currently behind on other payment obligations, a rate higher than before the student loan pause started in March 2020.

Student loan interest will start accruing on September 1 and payments will restart in October.