On September 12, 2024, US President Biden watched the 30th anniversary of the passage of the Violence Against Women Act on the South Lawn of the White House in Washington, DC, and then delivered a speech.
Andrew Caballero-Reynolds | AFP | Getty Images
A federal judge extends temporary restraining order over latest move by Biden administration student loan relief plan, threat white house hope Deliver economic relief to tens of millions of Americans by November 5 presidential election.
U.S. District Judge Randall Hall, appointment Former Republican President George W. Bush said Wednesday he would keep in place an order blocking the Biden administration’s effort to forgive student debt for another 14 days.
At the same time, Hall said it may review the plaintiffs’ request for a preliminary injunction against Biden’s bailout plan, as well as the Biden administration’s request to dismiss the case.
The continuation of the restrictions is the latest setback for the Biden administration’s efforts to cancel people’s federal student loans. President Joe Biden began promising to relieve people’s education debt during the 2020 campaign, but legal challenges from Republicans have stymied his efforts.
The development follows a lawsuit filed earlier this month by seven Republican-led states challenging the president’s aid package. Alabama, Arkansas, Florida, Georgia, Missouri, North Dakota and Ohio say the U.S. Department of Education’s new debt cancellation effort is as illegal as previous attempts.
States also accuse the Biden administration of trying to implement the program in secret before final rules for the program are released. Octoberwhich would violate the rules of the new regulatory timeline.
However, Biden administration officials told CNBC on September 11 that the Department of Education does not plan to begin forgiving up to $147 billion in student debt. 25 million Americans until allowed to do so.
First release in the lobby temporary restraining order On September 5, shortly after states filed a lawsuit opposing Biden’s debt plan.
Biden’s plan would forgive student debt for four categories of borrowers: those who owe more than their initial outlay, those who have been paying off it for decades, students from schools with lower financial value and those who qualify for loan forgiveness under current Have plans but haven’t applied yet.
as much as three quarters Federal student loan holders It is expected to benefit from the policy if it were included in previous debt relief efforts by the Biden administration, according to estimates from the Center for American Progress. The Biden administration sent emails to millions of student loan borrowers this summer, reminding them that debt relief is on the way.
During the September 10 presidential debate, former President Donald Trump compared the Democratic candidates and the vice president to Kamala HarrisDemocrats have pledged to cancel student debt and pledged to protect abortion rights in the United States.
“It’s just talk,” Trump said. “You know what this reminds me of? When they said they were going to terminate student loans, it turned out to be a complete disaster.”
“They’re not even close to getting student loans,” he later added. “They laugh at young people and a lot of other people who have loans. They can never get approved.”
But Luke Herrine, an assistant professor of law at the University of Alabama, said it was Republican officials who tried to block relief and Republican judges who blocked the aid package.
In June 2023, when the Supreme Court rejected Biden’s first attempt at massive student loan relief, ideological divides emerged in a 6-3 vote, with liberal justices voting in favor of the plan.
