Saturday, October 22, 2022

On again, off again

The GOP really doesn't want student debt relief.
Joe Biden’s plan to cancel billions of dollars in federal student loans has been temporarily halted by a federal appeals court as it considers a motion from six Republican-led states to block the program.

The eighth circuit court of appeals issued the temporary stay on Friday, ordering the Biden administration not to act on the program while it considers the appeal.

[...]

The plan, announced in August, would cancel $10,000 in student loan debt for those making less than $125,000 or households with less than $250,000 in income. Pell Grant recipients, who typically demonstrate more financial need, will get an additional $10,000 in debt forgiveness. The plan makes 43 million borrowers eligible for some debt forgiveness, with 20 million who could get their debt erased entirely, according to the administration.

  Guardian
And if the appeals court allows it, I have no doubt Republicans will take it to the Supremes, and I would have thought they'd have a very good chance of blocking it there. But then...
Other lawsuits also have sought to stop the program. On Thursday, the supreme court justice Amy Coney Barrett rejected an appeal from a Wisconsin taxpayers group seeking to stop the debt cancellation program.
So who knows?

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