Missouri Court Blocks Biden’s Student Loan Forgiveness Again
- A Missouri federal court blocks President Biden’s student loan forgiveness program.
- The ruling came from a Trump-appointed judge, stalling debt relief for millions of borrowers.
- Student loan forgiveness is a critical issue in the 2024 election, with Kamala Harris supporting it and Donald Trump opposing it.
Another federal court ruling has halted President Joe Biden’s efforts to forgive student loans, blocking the program from moving forward. Less than 24 hours after a court in Georgia allowed the Department of Education to continue with its student loan forgiveness plan, a Missouri federal court issued a ruling that freezes the program again.
The decision was handed down by Eastern District Court of Missouri Judge Matthew Schelp, an appointee of former President Donald Trump. This latest ruling pauses the planned rollout of the forgiveness plan, which was expected to impact millions of federal student loan borrowers.
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What Does the Block Mean for Borrowers?
The ruling represents the latest twist in the ongoing legal battle over student loan forgiveness. If allowed to proceed, the Biden Administration’s plan would forgive loans for up to 30 million borrowers. This would include 4 million borrowers who have already benefited from previous debt relief efforts since Biden took office.
However, the ultimate fate of student loan forgiveness is likely to be determined by the Supreme Court, which already struck down a previous version of the loan forgiveness plan in June 2023. The conservative-majority court may also rule on the SAVE repayment plan, another initiative from the Biden administration that is currently tied up in court challenges led by Republican states.
Political Implications
The legal battle over student loan forgiveness has become a focal point in the 2024 presidential election. Kamala Harris, the Democratic vice president and presidential candidate, supports loan cancellation as a means to relieve financial pressure on borrowers. Donald Trump, her Republican opponent, has criticized these efforts, calling them unfair to those who have already repaid their loans or chose not to attend college.
As the issue continues to divide Democrats and Republicans, the future of student loan forgiveness remains uncertain, pending court rulings and the outcome of the 2024 election.
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