Saturday, 22 October 2022

BREAKING: US Appeals Court Blocks Joe Biden’s Student Loan Forgiveness Plan

 

The 8th Circuit US Appeals Court blocked Joe Biden’s student loan forgiveness program on Friday afternoon.

The court granted an emergency stay barring the discharge of any student debt until the court decides on a request for a longer-term injunction.

Reuters reported:

A U.S. appeals court on Friday temporarily blocked President Joe Biden’s plan to cancel billions of dollars in college student debt, one day after a judge dismissed a Republican-led lawsuit by six states challenging the loan-forgiveness program. 

The 8th U.S. Circuit Court of Appeals granted an emergency stay barring the discharge of any student debt under the program until the court rules on the states’ request for a longer-term injunction while Thursday’s decision against them is appealed.

The St. Louis-based appeals court also ordered an expedited briefing schedule on the matter.

U.S. District Judge Henry Autrey in St. Louis ruled on Thursday that while the six Republican-led states had raised “important and significant challenges to the debt relief plan,” he threw out their lawsuit on grounds they lacked the necessary legal standing to pursue the case.

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