Biden’s Student Debt Forgiveness Regulation on Hold Again, After Brief Reprieve

In less than 24 hours the Biden administration won, then lost the ability to proceed with its new student debt relief plan that would deliver forgiveness to more than 25 million Americans. Student debt relief has become highly politicized and divisive as conservatives seek to dismantle President Joe Biden’s plans which they say unfairly burden taxpayers and are a naked attempt at swaying voters. The turn of events stems from a lawsuit filed in September by seven Republican-led states to stop Biden’s new student loan forgiveness rule.