The Biden administration stopped taking applications for student loan forgiveness after the court struck down the plan.
The forgiveness application page at Studentaid.gov states that courts have blocked the student debt relief program. We aren't accepting applications at the moment. We are trying to get those orders overturned.
After a federal judge in Texas rejected President Joe Biden's executive action to cancel up to $20,000 in student debt, the forgiveness program was suspended.
The judge wrote that in this country, we are not ruled by an all-powerful executive with a pen and a phone. The Job Creators Network Foundation is a conservative advocacy group.
It could be cheaper to eat out on Thanksgiving this year, according to personal finance.
Biden's plan was called "irrational, arbitrary and unfair" by the group. The White House didn't see public comment on its program, according to their complaint.
The Justice Department is appealing the decision, according to the Biden administration.
The Biden-Harris Student Debt Relief Plan is necessary to give borrowers and working families breathing room as they recover from the Pandemic and to ensure they succeed when repayment restarts, according to the education secretary. The debt relief program is not standing down.
Finding a person who can prove they have been harmed by the policy is the main obstacle for those hoping to bring a legal challenge.
According to a Harvard law professor, injury is necessary to establish standing.
He was floored by the Texas judge's ruling.
The judge's decision was weird and wrong. He was wrong to make a decision without knowing if the two people had standing.
The president's student loan forgiveness plan was put on hold due to a challenge brought by six Republican-led states, which accused the president of overstepping his authority
While they raised important and significant challenges to the debt relief plan, they didn't have legal standing to pursue the case.
After their lawsuit was thrown out, the GOP led states didn't give up. They asked the court to stay the president's plan while they appealed.
The emergency petition was granted by the 8th US Circuit Court of Appeals.
The Education Department encouraged borrowers to apply for forgiveness even though the plan hadn't been struck down.
Tens of millions of Americans will be eligible for student loan forgiveness if they receive a grant from the federal government.
Republicans had opposed student loan forgiveness as a handout to well-off college graduates before Biden made his move. The president doesn't have the power to forgive consumer debt on his own.
Legal challenges poured in Six lawsuits have been brought against the president.
The Education Department used to say that borrowers would get forgiveness in six weeks. Within three weeks, 26 million people had requested the relief. Sixteen million requests have been approved.
The department will hold applications that have already been submitted.
This is happening. You can check back for the latest news.
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