The U.S. Eighth Circuit Court of Appeals ordered a nationwide injunction pending appeal against President Joe Biden’s student loan debt forgiveness program Monday, adding to previous legal action blocking the plan.
The program seeks to forgive $10,000 in federal student loan debt for individuals with incomes under $125,000 and up to $20,000 for Pell Grant recipients, with the Biden administration claiming it had the authority to institute the program under the HEROES Act of 2003 and an emergency situation sparked by the COVID-19 pandemic. Nebraska, Missouri, Arkansas, Iowa, Kansas and South Carolina had filed a lawsuit against the Biden administration in late September over the program, and the court issued a stay on the debt cancellation last month before granting an emergency motion for the injunction Monday.
GREAT !!!! It is ILLEGAL Discrimination !!!!
Dammit! I already signed my load debt check over to the local Tesla dealer.
When do I get my “Adult Mortgage Forgiveness”?