Posted inEducation, National

Federal court halts Biden’s Student Loan Debt Forgiveness for now

Conservatives have attacked the debt forgiveness plan as expensive overreach of executive authority since the plan was announced. In this case, the six states argued that the debt forgiveness plan could incentivize student loan borrowers with loans serviced by the states, which aren’t eligible for debt forgiveness, to swap those loans for federal loans that are eligible, costing the states money, according to USA Today.

Sign up for newsletters

Get the best of The Times Weekly directly in your email inbox.

Sending to:

Gift this article