A federal appeals court blocked one of Joe Biden’s student loan bailout programs.
The Fifth Circuit Court of Appeals on Thursday blocked Biden’s plan to cancel loans for borrowers who claim they were victims of ‘misleading information’ by colleges.
A three-judge panel – one Reagan appointee and two Trump appointees – said Biden’s program was ‘almost certainly unlawful.’
ABC News reported:
A Biden administration plan to provide student debt relief for people who say they were victims of misleading information by trade schools or colleges is “almost certainly unlawful” a federal appeals court said in a ruling blocking enforcement of the policy against a group of privately owned Texas institutions.