There will be a new version of Nov 11, 2022, 11:21amEST.
The Biden administration will no longer accept applications for federal student loan forgiveness, according to a note on the official application website.
There was a student debt relief program that was struck down.
The Federal Student Aid website says they are not accepting applications until the administration overturns the Texas decision.
The Department of Justice is appealing the Texas ruling, according to the Secretary of Education.
The judge ruled in favor of the Job Creators Network Foundation in their lawsuit against the program.
The program was temporarily halted after a request from a group of Republican attorneys general.
It is either one of the largest delegations of legislative power to the executive branch or one of the largest exercises of legislative power without congressional authority in the history of the United States.
Cardona said that they were committed to fixing longstanding issues in the student loan forgiveness system and holding schools accountable for leaving students with mountains of debt and without the skills and preparation to find good jobs. We will continue to fight for the millions of students and borrowers.
There are 26 million people. The number of people requesting loan forgiveness is stated by Cardona. 16 million have been given the go-ahead.
A decision to stop accepting applications for President Joe Biden's loan relief program is a blow to one of his key programs. The debt cancellation program is legal because Cardona has the power to modify student loans during times of national emergency. The program was called a " short-sighted answer that would crush American taxpayers" by Republicans.
The student loan relief program was blocked by a federal judge.
For now, the appeals court blocks Biden's student loan cancellation plan.
The story is evolving and will be updated.
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