A federal appeals court on Wednesday declined to put on hold a Texas judge’s ruling that said President Joe Biden’s plan to cancel hundreds of billions of dollars in student loan debt was unlawful.
Getty Images | Saul Loeb
A federal appeals court on Wednesday declined to put on hold a Texas judge’s ruling that said President Joe Biden‘s plan to cancel hundreds of billions of dollars in student loan debt was unlawful.
The New Orleans-based 5th U.S. Circuit Court of Appeals rejected the Biden administration’s request to pause a judge’s Nov. 10 order vacating the $400 billion student debt relief program in a lawsuit pursued by a conservative advocacy group.
The decision by Fort Worth, Texas-based U.S. District Judge Mark Pittm…
Read the full article at: https://www.cnbc.com/2022/12/01/us-appeals-court-rejects-bidens-bid-to-reinstate-student-debt-plan.html