News, Student loan forgiveness may be dead. Here’s what’s going on : detailed suggestions and opinions about Student loan forgiveness may be dead. Here’s what’s going on .
The Biden administration has stopped accepting applications for the student debt relief it announced in August, casting doubt on a program that was intended to help 40 million borrowers.
The Education Department’s move came in response to a ruling Thursday from U.S. District Judge Mark T. Pittman in Texas, who held that the department didn’t have the legal authority to offer loan forgiveness on that scale. The White House said it will appeal the ruling.
But Pittman’s ruling only intensified the program’s legal troubles. The 8th Circuit Court of Appeals had already barred the Education Department from writing off any debt while it considered a lawsuit brought by six Republican-controlled states.
Here’s a brief explanation of where things stand and what issues are involved in the lawsuits brought against the debt-relief program.
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