Deals News Hubb
Advertisement Banner
  • Home
  • Business Deals
  • Shopping Deals
  • Contact
No Result
View All Result
  • Home
  • Business Deals
  • Shopping Deals
  • Contact
No Result
View All Result
Gourmet News Hubb
No Result
View All Result
Home Business Deals

Biden’s student debt relief plan is blocked by appeals court, delaying rollout to up to 40 million people

admin by admin
October 22, 2022
in Business Deals



President Joe Biden’s student loan-forgiveness plan has been temporarily blocked by a federal appeals court, delaying distribution of up to $20,000 in debt relief for more than 40 million eligible borrowers.

The Biden administration can’t discharge any student loans until the 8th US Circut Court of Appeals in St. Louis rules on an injunction request from six GOP-led states challenging the legality of the debt relief plan.

Attorneys for the states asked the court to revive their lawsuit over the plan after it was dismissed Thursday by a federal judge who determined that the states wouldn’t suffer any direct harm if the plan went into effect.

The states asked the appeals court to temporarily block rollout of the plan while their case proceeds, and the court issued an unsigned emergency order late Friday pausing any debt relief while they consider the request.

The Biden administration opened applications for its debt relief program earlier this month. Under the plan as much as $20,000 in federal student loans for certain borrowers making less than $125,000 per year or $250,000 for households would be forgiven.

Sign up for the Fortune Features email list so you don’t miss our biggest features, exclusive interviews, and investigations.



Source link

Previous Post

Family Holiday Pajamas for Making a Super Adorable Squad

Next Post

Using What You Have: 5-Minute Artisan Bread

Next Post

Using What You Have: 5-Minute Artisan Bread

Recommended

HOT Christmas Tree Deals! (Today Only!!)

3 months ago

Where do you find the best printable coupons?

3 months ago

Black Friday Gift Card Deals You’ll Want to Snag (Updating)

2 months ago

6 major robot makers just pledged to make sure their robots aren’t used to hurt you

4 months ago

L3Harris near deal to buy part of Viasat’s government systems unit – WSJ (NYSE:LHX)

4 months ago

What Is Old Navy Super Cash? Literally Everything You Need to Know

2 months ago

Deals-(-White-)

© 2022 Deals News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • Business Deals
  • Shopping Deals
  • Contact

Newsletter Sign Up.

No Result
View All Result
  • Home
  • Business Deals
  • Shopping Deals
  • Contact

© 2022 Deals News Hubb All rights reserved.