Texas Judge Rejects Biden’s Loan Forgiveness Plan

Fort Worth, Texas – On Thursday, a U.S. judge in Texas blocked a plan by President Joe Biden to offer millions of borrowers up to $20,000 in federal student loan forgiveness. Six states are trying.

Fort Worth-based former President Donald Trump-appointed District Court Judge Mark Pittman said the program had taken away Congress’ power to make laws.

“In this country, we are not ruled by an all-powerful executive with a pen and a phone. Instead, we are governed by a constitution that provides three separate and independent branches of government,” Pittman said. is writing

He added: But for our republic to survive, it is imperative that the separation of powers outlined in our constitution is maintained. ”

The Debt Forgiveness Plan writes off $10,000 of student loan debt for individuals with annual incomes less than $125,000 or households with incomes less than $250,000. Pell grant recipients who typically demonstrate more financial need are also forgiven of her $10,000 debt.

Cancellation applies to federal student loans and Parent Plus loans used to attend undergraduate and graduate school.

The U.S. Court of Appeals for the Eighth Circuit put the amnesty plan on hold on October 21, considering the states of Nebraska, Missouri, Iowa, Kansas, Arkansas and South Carolina trying to block the program.

The suspension temporarily suspended the administration from actually paying off the debt, but the White House encouraged borrowers to continue applying for relief, saying the court order did not prevent the application or review of the application. As of late October, more than 22 million borrowers had applied for debt relief.

The White House did not immediately respond to messages seeking comment.

Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

https://www.local10.com/news/politics/2022/11/11/us-judge-in-texas-strikes-down-biden-loan-forgiveness-plan/ Texas Judge Rejects Biden’s Loan Forgiveness Plan

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