A U.S. judge in Texas on Thursday blocked President Joe Biden's plan to provide millions of borrowers with up to $20,000 apiece in federal student-loan forgiveness.
A judge in Texas has blocked President Joe Biden's plan to provide millions of borrowers with up to $20,000 apiece in federal student-loan forgivenessA U.S. judge in Texas on Thursday blocked President Joe Biden's plan to provide millions of borrowers with up to $20,000 apiece in federal student-loan forgiveness - a program that was already on hold as a federal appeals court in St. Louis considers a separate lawsuit by six states challenging it.
He added: "The Court is not blind to the current political division in our country. But it is fundamental to the survival of our Republic that the separation of powers as outlined in our Constitution be preserved." The Eighth U.S. Circuit Court of Appeals had put the forgiveness plan on hold Oct. 21 while it considered an effort by the states of Nebraska, Missouri, Iowa, Kansas, Arkansas and South Carolina to block the program.
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