US judge in Texas strikes down Biden loan-forgiveness plan
November 10, 2022
By : Quick Insurance Guru
District Court Judge Mark Pittman, an appointee of former President Donald Trump based in Fort Worth, said the program usurped Congress' power to make laws.
District Court Judge Mark Pittman, an appointee of former President Donald Trump based in Fort Worth, said the program usurped Congress' power to make laws.
Credit : Google
Credit : Google
The Court is not blind to the current political division in our country.
The Court is not blind to the current political division in our country.
Credit : Google
Credit : Google
The debt forgiveness plan would cancel $10,000 in student loan debt for those making less than $125,000 or households with less than $250,000 in income.
The debt forgiveness plan would cancel $10,000 in student loan debt for those making less than $125,000 or households with less than $250,000 in income.
Credit : Google
Credit : Google
Pell Grant recipients, who typically demonstrate more financial need, would get an additional $10,000 in debt forgiven.
Pell Grant recipients, who typically demonstrate more financial need, would get an additional $10,000 in debt forgiven.
Credit : Google
Credit : Google
The cancellation applies to federal student loans used to attend undergraduate and graduate school, along with Parent Plus loans.
The cancellation applies to federal student loans used to attend undergraduate and graduate school, along with Parent Plus loans.
Credit : Google
Credit : Google
The 8th U.S. Circuit Court of Appeals had put the forgiveness plan on hold Oct.
The 8th U.S. Circuit Court of Appeals had put the forgiveness plan on hold Oct.
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Credit : Google
21 while it considered an effort by the states of Nebraska, Missouri, Iowa, Kansas, Arkansas and South Carolina to block the program.
21 while it considered an effort by the states of Nebraska, Missouri, Iowa, Kansas, Arkansas and South Carolina to block the program.
Credit : Google
Credit : Google
White House Press Secretary Karine Jean-Pierre said the administration disagreed with Thursday’s ruling and the Department of Justice had filed an appeal.
White House Press Secretary Karine Jean-Pierre said the administration disagreed with Thursday’s ruling and the Department of Justice had filed an appeal.
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Credit : Google
This administration continues to operate as if its own self-appointed authority in transferring billions of dollars in student loans is legitimate, but the rule of law says otherwise.
This administration continues to operate as if its own self-appointed authority in transferring billions of dollars in student loans is legitimate, but the rule of law says otherwise.