Biden’s loan relief plan paused. Miles Schmidt reporting with the latest.
A Texas judge struck down Biden’s student loan forgiveness program last week, causing the U.S. Department of Education to no longer accept loan applications. U.S. District Judge Mark Pittman’s ruling, is a response to a lawsuit by the Job Creators Network Foundation, which alleged that the Biden administration violated certain procedures. Pittman’s ruling only further cripples Biden’s student loan forgiveness program, which was already stalled by a different lawsuit according to the Washington Post. In August, President Joe Biden said that his administration would cancel up to $10,000 in student debt for individuals making less than $125,000; for Pell Grant recipients, up to $20,000 was available. Over eight million loan forgiveness applications were submitted during a weekend-long period unveiled in early October. The Biden administration’s appeal of Pittman’s ruling now resides within the 5th Circuit Court of Appeals.
