The Biden administration has put student debt relief on hold for millions of borrowers, after Republican attorneys general in six states filed suit in federal court seeking to block President Biden’s debt cancellation program. In a court filing in a federal district court in Missouri, the states of Nebraska, Missouri, Arkansas, Iowa, Kansas and South Carolina argue Biden’s debt relief plan is unconstitutional and illegal. Last month the White House said it would cancel as much as $20,000 per person in student debt to help as many as 40 million borrowers. The Education Department said Thursday that people who’ve already begun to seek loan forgiveness will still receive it, while others will have to wait while legal challenges play out.
Biden Administration Halts Student Loan Relief After GOP Attorneys General Sue
HeadlineSep 30, 2022