Headline RoundupDecember 1st, 2022

Appeals Court Keeps Student Loan Forgiveness Plan on Pause

AllSides Summary

On Wednesday, the Fifth Circuit Court of Appeals in New Orleans ruled against the Biden Administration's request to reinstate its student loan forgiveness plan by declining to block a Texas judge's ruling that said the plan was unlawful.

Key Quotes: Elaine Parker, president of the Job Creators Network Foundation, said the order prevented the administration from trying to "get money out the door to debtors and claim victory."

For Context: The student loan forgiveness plan would cancel hundreds of billions of dollars in student loan debt, and it is being challenged in a lawsuit by the Job Creator's Network. Meanwhile, Biden has extended the delay on federal student debt payments until June 30, 2023.

How the Media Covered it: The decision was covered by media outlets across the political spectrum, with several noting that this latest setback for Biden's student loan forgiveness effort will likely be appealed to the Supreme Court.

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