Biden administration dealt another setback in court in effort to revive student loan debt relief policy
Supreme Court,Student Loan Forgiveness,Student Loans,Education,Banking And Finance
A second federal appeals court has rejected a Biden administration bid to put on hold a ruling blocking the President’s student debt relief policy.
The 5th US Circuit Court of Appeals ruled Wednesday night that it would not pause a ruling from a Texas judge striking down the policy while an appeal of the ruling played out.
The move sets the stage for the US Justice Department to take the case to the US Supreme Court, which is already considering a separate request from the Biden administration that it reverse an order from the 8th US Circuit Court of Appeals blocking the loan forgiveness program.
The 5th Circuit denial was handed down by a panel made up of a George W. Bush appointee, a Barack Obama appointee and a Donald Trump appointee.
They did not explain their reasoning for rejecting the administration’s request, but the panel ordered the full appeal to be considered on an expedited basis.
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