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A U.S. judge has temporarily blocked President Joe Biden’s plan to forgive student loan debt, affecting millions of borrowers. The ruling, issued by U.S. District Judge Matthew Schelp in Missouri, marks a victory for six Republican state attorneys general who challenged the plan.
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Schelp, appointed by former President Donald Trump, granted a preliminary injunction halting the Biden administration’s mass cancellation of student loans. The decision comes after another judge, U.S. District Judge J. Randal Hall, moved the case from Georgia to Missouri, removing Georgia from the lawsuit as the state wouldn’t experience legal harm from the relief plan.
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The attorneys general argue that the U.S. Department of Education overstepped its authority by proposing a plan that they believe should have gone through Congress. The administration’s plan, introduced in April after two previous versions were blocked by courts, would cancel $73 billion in student loan debt for about 27.6 million borrowers.
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Judge Schelp’s ruling supports halting the program until courts decide its legality. He noted that allowing the plan to move forward could prevent proper judicial review. Missouri Attorney General Andrew Bailey praised the decision as a win for Americans, arguing that the Biden administration is unfairly shifting the burden of “Ivy League debt” onto working Americans.
The Biden administration, however, has defended the need for student debt relief, calling the current system broken and saying that the forgiveness plan is essential to prevent borrowers from being financially overwhelmed. The administration has not yet commented on the ruling.
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Under the proposed regulation, relief would be given to those who owe more than they borrowed due to interest, those who have been paying off loans for over 20 or 25 years, and borrowers eligible for previous forgiveness programs who never applied. Republicans, however, view the plan as executive overreach and argue it disproportionately benefits college-educated individuals at the expense of others.
As the case moves through the courts, the future of Biden’s student debt relief plan remains uncertain, with political stakes high ahead of the 2024 election.
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Biden’s Student Debt Relief Plan Blocked Again by Another Judge
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