- A federal judge will let expire a temporary restraining order against the Biden administration's sweeping new student loan forgiveness plan, which could deliver relief to tens of millions of Americans.
A federal judge will let expire a temporary restraining order against the Biden administration's sweeping new student loan forgiveness plan, which could deliver relief to tens of millions of Americans.
U.S. District Judge Randal Hall in Georgia, appointed by former Republican President George W. Bush, delivered the win for the Biden administration late on Wednesday.
The ruling means Biden may move forward with his administration's student loan forgiveness plan, just weeks before the November election.
The Hurricane season is on. Our meteorologists are ready. Sign up for the NBC 6 Weather newsletter to get the latest forecast in your inbox.
The development stems from a lawsuit against the aid package brought by seven GOP-led states. The states — Alabama, Arkansas, Florida, Georgia, Missouri, North Dakota and Ohio — said the U.S. Department of Education's new debt cancellation effort is illegal.
However, Hall found that Georgia lacked standing to sue against the relief plan, and could not be the venue for the case.
The judge directed the case to be transferred to Missouri since the states claim Biden's plan would most harm student loan servicer Mohela, or the Missouri Higher Education Loan Authority.
Money Report
This is breaking news. Please refresh for updates.
