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Biden’s student loan forgiveness plan suffers huge blow as two federal judges block key measure that would cost nation $160 BILLION – here’s what if means for you

Joe Biden‘s student debt relief plan suffered a major hit Monday as two federal judges partially blocked a measure of a plan that is costing the nation $160 billion.

Two federal judges in Kansas and Missouri on Monday sided with several Republican-led states and stopped the Democrat from moving forward with a key student debt relief initiative.

In total, the Administration has already approved almost $160 billion in relief for nearly 4.6 million borrowers.

U.S. District Judge Daniel Crabtree in Wichita, Kansas, blocked the U.S. Department of Education from proceeding with parts of a plan set to take effect July 1 designed to lower monthly payments and speed up loan forgiveness for millions of Americans.

He ruled shortly before U.S. District Judge John Ross in St. Louis, Missouri, issued a preliminary injunction barring the department from granting further loan forgiveness under the administration’s Saving on a Valuable Education (SAVE) Plan.

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