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Federal Court of Appeals Blocks Student Loan Forgiveness


Say no! According to The Hill, a federal appeals court has temporarily blocked President Biden’s student loan forgiveness program from continuing after appeals from six Republican-led states. Reports state that the U.S. Court of Appeals for the 8th Circuit ruled Friday that the policy of canceling thousands of dollars in student loan debt should be shelved while the challenges unfold. .

Roommates, as you know, President Biden’s plan will cancel student loan debt of up to $10,000 for borrowers earning less than $125,000 per year. Pell Grants recipients can receive up to $20,000 in relief. We’ll give you a cup of tea if you’re not up to date with all the student loan forgiveness news. The attorney general initially filed the lawsuit in September, arguing that the Biden administration did not have the authority to cancel student loan debt because Congress did not authorize it. However, U.S. District Judge Henry Autry ruled that they did not prove that they were directly harmed by the relief measure, which is necessary to meet the standard of permanent residency.

Judge Henry Autry also noted that they presented “significant and significant” challenges to Biden’s plan. President Biden has been very vocal about canceling student loan debt. Earlier today, he called on the Texas Senator Ted Cruz ahThird Representative Marjorie Taylor Green of Georgia while studying at Delaware State University.

He said, “Ted Cruz, the great senator from Texas, said it’s for lazy people – quote lazy people – who don’t deserve the bailout. What the hell do they think they are? I don’t want to hear it from MAGA Republican officials who already have hundreds of thousands of dollars in debt, even millions of dollars, in forgivable pandemic relief loans who are now are attacking me for helping working and middle-class Americans,” he said.

President Biden added, “Marjorie Taylor Green, she and her husband received a $180,000 business loan from [Paycheck Protect Program]. She said it was completely unfair to us to forgive loans to working- and middle-class Americans.” Roommates, we will update you as more information becomes available.


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