Loading...
Loading...
Browse all stories on DeepNewz
Visit8th Circuit Court Blocks All Aspects of Biden's Student Debt Relief Plan
Jul 18, 2024, 07:32 PM
A federal appeals court has blocked President Joe Biden's new student debt relief plan, which was designed to lower monthly payments for millions of Americans. The ruling halts the administration's efforts to implement the plan, leaving millions of student-loan borrowers facing uncertainty and potential chaos. The decision was made by the 8th Circuit Court of Appeals on Thursday, impacting all aspects of the relief plan, including the remainder of the proposed reductions.
View original story
Markets
Yes • 50%
No • 50%
Official announcements from the Biden administration
Yes • 50%
No • 50%
Official announcements from the Department of Education
No • 50%
Yes • 50%
Supreme Court rulings and official announcements
Relief Plan Overturned • 25%
No Major Decision • 25%
New Relief Plan Introduced • 25%
Relief Plan Upheld • 25%
Court rulings and official announcements
No Decision • 25%
Overturned • 25%
Partially Overturned • 25%
Upheld • 25%
Supreme Court rulings and official announcements
Forgiveness Amount • 25%
Eligibility Criteria • 25%
Monthly Payment Reduction • 25%
Interest Rate Adjustment • 25%
Official announcements from the Biden administration and Department of Education