Legal Setback: Federal Judge Blocks Biden’s Student Debt Relief Initiative Hours After Approval
Washington — A federal judge in St. Louis temporarily halted President Joe Biden’s student loan forgiveness plan, just as the program was poised to begin following an appellate court’s go-ahead. The decision adds a new layer of uncertainty for millions of Americans who had been awaiting debt relief promised by the administration. The Biden administration’s proposal, aimed at easing the financial burden for former college students, would cancel up to $20,000 in federal student loans for eligible borrowers. Since its announcement, the plan has been mired in legal challenges, alleging that the administration overstepped its … Read more