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.
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A federal judge extends temporary restraining order over latest move by Biden administration student loan relief Plan, threat White House hopes to deliver financial 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 the program’s final rules are released in October, which would violate the new regulatory timeline.
However, Biden administration officials told CNBC on September 11 that the Department of Education does not plan to begin forgiving $147 billion in student debt for as many as 25 million Americans until approval is given.
Hall first issued a temporary restraining order against Biden’s debt plan on September 5, shortly after states filed suit.
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 the Biden administration’s previous debt relief efforts, 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 Sept. 10 presidential debate, former President Donald Trump compared Democratic nominee and Vice President Kamala Harris’ pledge to protect abortion rights in the United States to the Democratic Party’s vow to cancel student debt.
“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.
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