Appeals court ruling keeps Biden student debt plan on hold

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Appeals court ruling keeps Biden student debt plan on hold
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President Joe Biden’s plan to forgive student loan debt for millions of borrowers lost another battle in court on Monday when a federal appeals court panel agreed to a preliminary injunction halting the program while an appeal plays out.

ST. LOUIS —

The cancellation applies to federal student loans used to attend undergraduate and graduate school, along with Parent Plus loans. White House Press Secretary Karine Jean-Pierre has said that so far, 26 million people had applied for debt relief, and 16 million people had already had their relief approved. The Department of Education would “quickly process their relief once we prevail in court,” she said after the ruling Thursday in Texas.

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