Official announcements from the Biden administration

8th 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.