Following a court's Thursday night rejection of the Biden administration's plan, the government has ceased to accept requests for cancellation of federal student loans.
On the website where you can apply for forgiveness at Studentaid.gov, there is a notice that reads, "Courts have issued orders halting our student debt relief program." "Therefore, we are not accepting applications at this time. We are attempting to have those orders reversed."
A federal judge in Texas recently denied President Joe Biden's executive move to cancel up to $20,000 in student debt for tens of millions of Americans, prompting the suspension of the forgiveness program.
Judge Mark Pittman of the U.S. District Court for the District of Columbia stated, "In this country, we are not ruled by an all-powerful executive with a pen and a phone."
Comments
Post a Comment