Biden administration stops taking applications for student loan forgiveness

[WestVirginiaRebel]

CNBC

The Biden administration has stopped accepting applications for federal student loan forgiveness after a court struck down its plan on Thursday evening.

“Courts have issued orders blocking our student debt relief program,” according to a note on the forgiveness application page at Studentaid.gov. “As a result, at this time, we are not accepting applications. We are seeking to overturn those orders.”

 

The suspension of the forgiveness program comes shortly after a federal judge in Texas rejected President Joe Biden’s executive action in August to cancel up to $20,000 in student debt for tens of millions of Americans.

“In this country, we are not ruled by an all-powerful executive with a pen and a phone,” wrote Judge Mark Pittman of the U.S. District Court for the Northern District of Texas, in his 26-page decision. Pittman, who was appointed in 2019 by former President Donald Trump, sided with the Job Creators Network Foundation, a conservative advocacy group.

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Sorry kids, no free money for you for now...

[SDwaters]

20 hours ago, WestVirginiaRebel said:

Sorry kids, no free money for you for now...

It was always about bribing the loan welshers to vote Dem.