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BumRushDaShow

(143,999 posts)
Thu Oct 3, 2024, 07:45 PM Oct 3

Biden student debt relief plan blocked again by different judge [View all]

Source: Reuters

October 3, 2024 6:46 PM EDT Updated 2 hours ago


Oct 3 (Reuters) - A U.S. judge on Thursday temporarily blocked Democratic President Joe Biden's administration from implementing a plan to forgive student loan debt held by millions of Americans. The ruling by St. Louis-based U.S. District Judge Matthew Schelp handed a victory to six Republican state attorneys general who challenged Biden's plan.

Schelp, an appointee of Republican former President Donald Trump, issued a preliminary injunction blocking the Biden administration from "mass canceling" student loans and forgiving principal or interest under the plan pending the outcome of the state's lawsuit.

Schelp ruled after another judge on Oct. 2 transferred the litigation from Georgia and removed that state from the case by finding it would not experience any legal harm under the debt relief plan. The state attorneys general have accused the U.S. Department of Education of overreaching its authority by proposing a regulation that instead should be addressed through legislation in Congress.

The department proposed it in April after two previous plans were blocked by the courts. It would forgive $73 billion in student loan debt held by an estimated 27.6 million borrowers.

Read more: https://www.reuters.com/world/us/biden-student-debt-relief-plan-blocked-again-by-different-judge-2024-10-03/



REFERENCE (case moved from GA to MO) - https://www.democraticunderground.com/10143316849
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