The Biden administration is no longer accepting applications for student loan forgiveness after a second federal court shut down the program.
. “As a result, at this time, we are not accepting applications. We are seeking to overturn those orders.” plans to forgive up to $20,000 in federal student loan debt for individuals with incomes below $125,000 or households earning less than $250,000. The White House has estimated that more than 40 million people could qualify.
U.S. District Judge Mark Pittman in Texas ruled Thursday that Biden had overstepped his authority in creating the debt relief program without congressional approval.
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