White House Appealing Loan Relief to Supreme Court
26 million people have applied for the student loan debt relief program that President Biden announced in August. But the 8th Circuit Court of Appeals has put that program on hold.
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The Education Department formally proposed the new repayment plan on Tuesday by publishing it in the Federal Register.
The court is hearing challenges by two students and by six Republican-led states. It's unclear how the court will respond.Â
26 million people have applied, and 16 million have been approved to have up to $20,000 in federal student loans forgiven.
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