The Texas case was appealed and the Biden administration is now likely to appeal the 8th Circuit ruling as well. WATCH: A Brief But Spectacular take on the importance of student representation. That decision is still pending. President Bidens student loan debt cancellation plan appears to be heading for a Supreme Court showdown. The Biden administration could ask the Supreme Court to lift the injunction. Previously, the White House has been able to dodge legal attacks made in lawsuits by tweaking details of the program. The Texas case was appealed and the Biden administration is now likely to appeal the 8th Circuit ruling as well. The debt forgiveness plan announced in August would cancel $10,000 in student loan debt for those making less than $125,000 or households with less than $250,000 in income. A separate vaccine mandate for most health care workers was allowed to proceed when the court concluded that a challenge to it was likely to fail. The programone of Bidens major campaign promiseswas already on hold after the 8th US Circuit Court of Appeals ordered a temporary halt in October. The plan has faced several other legal challenges. More than 30 million people are projected to benefit from the plan. The Texas case was appealed and the administration is likely to appeal the 8th Circuit ruling as well. "The Administration will continue to fight these baseless lawsuits by Republican officials and special interests and will never stop fighting to support working and middle class Americans.". Thanks for contacting us. Follow this author to stay notified about their latest stories. Some borrowers said they were skeptical they would ever see the relief, anyway.Brenna Zimmerman, who graduated from Kansas State University in 2021 with about $30,000 in debt, called the debt forgiveness a little bit too good to be true. And even though the program would benefit her, Zimmerman, 24, now a graphics coordinator at a packaging company, wonders if its a good idea. Learn more about Friends of the NewsHour. The plan makes 43 million borrowers eligible for some debt forgiveness, with 20 million who could get their debt erased entirely, according to the administration. He said the Higher Education Relief Opportunities for Students Act of 2003, commonly known as the HEROES Act, did not provide the authorization for the loan forgiveness program that the administration claimed it did. https://www.pbs.org/newshour/politics/where-does-student-debt-relief-stand-after-being-blocked-by-a-texas-judge, Biden administration relaxes rules for student debt forgiveness, WATCH: Students weigh in on youth involvement ahead of midterm elections, Students with disabilities innovate ways to use spaces, products not designed for them, ruledthat the program usurped Congress power, Nebraska, Iowa, Kansas, Missouri, Arkansas and South Carolina. One plaintiff did not qualify for the student loan forgiveness program because her loans are not held by the federal government and the other plaintiff is only eligible for $10,000 Subscribe to Here's the Deal, our politics newsletter. The cancellation applies to federal student loans used to attend undergraduate and graduate school, along with Parent Plus loans. A federal judge originally rejected the challenge brought by the six states Nebraska, Missouri, Arkansas, Iowa, Kansas and South Carolina saying that while they raised "important and significant challenges to the debt relief plan," they ultimately lacked legal standing to pursue the case. A federal judge in Texas struck down President Bidens student debt relief program in the latest legal blow to his plan to forgive hundreds of millions of dollars in unpaid More from Personal Finance:3 steps to take if you've been laid offTips to help families afford monthly expenses amid inflationHow to use pay transparency to negotiate a better salary. Get this delivered to your inbox, and more info about our products and services. Pittmans decision strikes down the underlying legal argument used to justify Bidens plan. The White House encouraged borrowers to continue applying for relief, saying the court order did not prevent applications or the review of applications. In his ruling, Texas federal Judge Mark Pittman, a Trump appointee, said the country is not ruled by an all-powerful executive with a pen and a phone as the program is a complete usurpation of congressional authorization.. Last month, the8th U.S. On Thursday,U.S. District Judge Mark Pittman ruledthat the program usurped Congress power to make laws. A federal appeals court Monday issued a nationwide injunction temporarily barring the Biden administrations student loan debt relief program. That law authorizes the Secretary of Education to change any regulations related to any student financial assistance programs for Americans who "suffered direct economic hardship as a direct result of a war or other military operation or national emergency.". Thursday's decision to rule the student loan debt relief program unlawful was the first court order to directly address the merits of arguments against the plan. This unanticipated financial downturn will prevent or delay Missouri from funding higher education at its public colleges and universities, stated the ruling from the panel extending the hold until the issue is resolved in court, a process which could take several months. Biden announced his one-time student loan debt relief plan with Secretary of Education Miguel Cardona in August. The debt forgiveness plan announced in August would cancel $10,000 in student loan debt for those making less than $125,000 or households with less than $250,000 in income. A federal appeals court has blocked the one-time student loan debt relief program, and the White House has stopped accepting applications for it. Im so excited to have applied, but you know, Im not going to take it to the bank until I see that its actually happened, Puckett said. Its likely that the Texas case and the lawsuit filed by the six states will be appealed to the Supreme Court. Press secretary Karine Jean-Pierre said the Department of Education will continue to hold on to information of the 26 million borrowers who have applied for loan forgiveness and 16 million who have already been approved, so it can quickly process their relief once we prevail in court., In his ruling Pittman wrote: In this country, we are not ruled by an all-powerful executive with a pen and a phone. That was first demonstrated by the case of Garrison v. US Department of Education: Borrower Frank Garrison claimed he was harmed because his automatic student loan debt cancellation would result in a state tax burden in Indiana. The debt forgiveness plan announced in August would cancel $10,000 in student loan debt for those making less than $125,000 or households with less than $250,000 in A few days after hearing arguments, the court split 6-3 to block the requirement, saying the challengers were likely to prevail in the end. Among the considerations is the fact that collection of student loan payments as well as accrual of interest on student loans have both been suspended [through the end of this year].. If the department's appeal fails there, the last resort for the program will be the US Supreme Court. STUDENT LOAN HANDOUT: NEW LAWSUIT SAYS BIDEN DIDN'T FOLLOW ADMINISTRATIVE PROCEDURES, Student loan debt holders take part in a demonstration outside the White House staff entrance at the Executive Offices in Washington, D.C., to demand that President Biden cancel student loan debt on July 27, 2022. All rights reserved. Market data provided by Factset. That emergency declaration has been extended many times since, most recently on Oct. 13, 2022. The White House said it strongly disagreed with the courts ruling and would appeal the decision. The law allows the secretary of education to waive or modify terms of federal student loans in times of war or national emergency. This (Texas) ruling definitely kind of like burst a lot of peoples dreams when it came to the financial freedom after this relief, Bell said. I think Id be a fool not to apply, but I also I dont know. The 2014 graduate of the University of Washington said being free from debt would allow him to consider furthering his education or buying a house. You may opt-out by. Another case brought by a state, Arizona v. Biden, takes a slightly different tack than the Nebraska lawsuit. Borrowers are confused about whether their debt will be canceled or theyll have to resume making payments on Jan. 1, when a pause prompted by the COVID-19 pandemic is set to expire. "And since at least one party likely has standing, we need not address the standing of the other states," the panel concluded. ", President Biden announced that he was forgiving up to $20,000 in student loan debt, carrying an estimated price tag of $300 billion. Peter managed reviews and listings for Download.com during the 2000s, and is passionate about software and no-nonsense advice for creators, consumers and investors. Current college students qualify if their loans were disbursed before July 1. The legal situation is complicated because of the numerous lawsuits. The plan, announced in August, calls for forgiving up to $10,000 in student loan debt for borrowers making less than $125,000 per year, or $250,000 for married couples. Two recent court decisions have put onetime student loan debt relief on hold. If the appeals court grants that request, the administration will likely ask the Supreme Court to intervene. 2022 CNBC LLC. President Joe Bidens student loan relief program was struck down by a Texas federal judge who deemed it an unconstitutional exercise on Thursday, putting the plan in further jeopardy after it was already on hold following a stay ordered by a federal appellate court. In his 26-page opinion, Judge Mark Pittman wrote that the executive branch had unconstitutionally used Congressional powers: "The HEROES Act -- a law to provide loan assistance to military personnel defending our nation -- does not provide the executive branch clear congressional authorization to create a $400 billion student loan forgiveness program. Here's what you should do. The White House plan tocancel up to $20,000 in student loan debtfor eligible borrowers has been hit with another legal setback. Another suit alleged that Bidens plan would hurt financial institutions that earn revenue on certain kinds of federal student loans. Powered and implemented by Interactive Data Managed Solutions. The Education Department stopped accepting new applications for student loan forgiveness last week, saying it would hold onto existing requests. Powered and implemented by FactSet Digital Solutions. Justice Department attorney Brian Netter disagreed, telling U.S. District Judge Henry Autrey in October that student loan defaults have skyrocketed over the past 2 1/2 years. The court ruled that there is no such thing as "taxpayer standing.". Got a confidential news tip? Global Business and Financial News, Stock Quotes, and Market Data and Analysis. We've received your submission. In a Nov. 11 press release, the Department of Education noted that, "more than 26 million borrowers have provided the information needed to process their applications for relief and 16 million applications have been approved.". "If, however, the Court declines to vacate the injunction, it may wish to construe this application as a petition for a writ of certiorari before judgment, grant the petition, and set this case for expedited briefing and argument this Term. College students qualify if their loans were disbursed before July 1. "We are confident in our legal authority for the student debt relief program and believe it is necessary to help borrowers most in need as they recover from the pandemic," White House Press Secretary Karine Jean-Pierre said. In October,Supreme Court Justice Amy Coney Barrett rejected an appealfrom a Wisconsin taxpayers group. The main obstacle for those hoping to bring a legal challenge against Biden's plan has been finding a plaintiff who can prove they've been harmed by the policy. The Department of Education would quickly process their relief once we prevail in court, she said after the order in the Texas case came down. Jim Salter, Associated Press. "Whatever the eventual outcome of this case, it will affect the finances of millions of Americans with student loan debt as well as those Americans who pay taxes to finance the government and indeed everyone who is affected by such far-reaching fiscal decisions," the panel said in its ruling. Though the program would benefit her, Zimmerman wondered if it was a good idea. The program immediately became a major political issue ahead of the November midterm elections. (Washington Post), Appeals Court Blocks Bidens Student Loan Cancellation PlanFor Now (NPR), This is a BETA experience. I was frantically calling my dad, frantically saying, what does this mean? Puckett, now a TV producer for a true crime network, said. The case before the 8th Circuit could end up in the Supreme Court soon, since the six Republican-led states have asked the appeals court to keep the program on hold while the case plays out. After the Texas judges ruling Thursday night, borrowers hit the internet, asking Google: Is student loan forgiveness canceled? according to Google Trends. The program's constitutionality has been questioned from the outset, with Republicans pointing to the unprecedented power the move would allot to the executive branch. "The Eighth Circuits erroneous injunction leaves millions of economically vulnerable borrowers in limbo, uncertain about the size of their debt and unable to make financial decisions with an accurate understanding of their future repayment obligations," the Friday appeal reads. 1996 - 2022 NewsHour Productions LLC. As mentioned above, Garrison v. US Department of Education -- which claimed the plaintiff would be injured by state taxes on automatic debt relief -- was dismissed by the District Court for the Southern District of Indiana. Legal Statement. But the 8th Circuit temporarily halted it the next day while it considers a permanent block. Missouri's state treasury department receives money from MOHELA. The Biden Administration's plan to provide up to $20,000 in loan relief for student borrowers is now halted after a federal judge in Texas One lawsuit argued that the automatic debt cancellation would leave borrowers paying heavier taxes in states that impose a tax on canceled debt. Another suit alleged that Bidens plan would hurt financial institutions that earn revenue on certain kinds of federal student loans. As a result, at this time, we are not accepting applications." The highly-anticipated student loan forgiveness program offers $10,000 of federal student debt cancellations to qualified loan borrowers. A few days after hearing arguments, the court split 6-3 to block the requirement, saying the challengers were likely to prevail in the end. Appeals Court Blocks Bidens Student Loan Cancellation PlanFor Now. At the same time, emergency orders can signal how courts will ultimately decide a case. Four days after a Texas judge vacated the program, claiming it was unconstitutional, on Nov. 14 a federal appeals court decision in a second lawsuit blocked the debt cancellation program nationwide with a temporary injunction. A federal appeals court issued a nationwide injunction temporarily barring the Biden administration's student loan debt relief program. That decision is still pending. Bidens student loan forgiveness plan is on ice. A federal judge in Texas struck down the White House's student loan handout last week, ruling in a case brought by the Job Creators Network Foundation. I dont think its necessarily fair, especially to people who chose not to go to school, Zimmerman said. But the government stopped accepting Left: Legal Statement. All I want to do is make them proud and make this process much easier for them, especially because I have a younger brother whos going to be starting (college) next fall, Pete said. Heres what you should know. WATCH: Biden says nearly 26 million have applied for student loan forgiveness. The judge's ruling blocked debt relief for 26 million Americans who have applied to the programme - 16 million of whom have already been approved. FORTUNE may receive compensation for some links to products and services on this website. We believe strongly that the lawsuits are meritless, and the Department of Justice has appealed on our behalf, Cardona said in the emails to students approved for the loan relief, CNN reported. If the appeals court grants that request, the administration will likely ask the Supreme Court to intervene. Legal experts have been split about the impact of lawsuits on the plan to discharge $10,000 to $20,000 in student loan debt, but the two recent rulings against the program indicate an uphill road for the White House. President Biden speaks about student loan debt relief at Delaware State University last month. On Thursday,U.S. District Judge Mark Pittman ruledthat the program usurped Congress power to make laws. Autrey ruled on Oct. 20that the states lacked standing, allowing the forgiveness plan to proceed. President Joe Biden stops to talk with reporters as he prepares to leave the White House in [+] Washington, Thursday. All Rights Reserved. We'll continue to update this story as lawsuits trying to prevent one-time student loan debt relief work their way through the courts. The Biden administration said in a new court filing Thursday that it will ask the Supreme Court to lift an injunction and allow a major student loan debt relief program to resume. BIDEN'S STUDENT LOAN HANDOUT STRUCK DOWN BY FEDERAL JUDGE IN TEXAS, Student loan borrowers stage a rally in front of the White House to celebrate President Biden canceling student debt and to begin the fight to cancel any remaining debt in Washington, D.C., on Aug. 25, 2022. The White House encouraged borrowers to continue applying for relief, saying the court order did not prevent applications or the review of applications. A federal appeals court Monday issued a nationwide injunction temporarily barring the Biden administration's student loan debt relief program. Terms & Conditions. Biden's plan would cancel up to $20,000 in federal student debt for borrowers who received a Pell Grant, which is a type of aid available to low-income families. The ruling by the 8th Circuit U.S. President Joe Biden delivers remarks about the student loan forgiveness program from an auditorium on the White House campus in Washington, U.S., October 17, 2022. Biden responded by calling critics outrage wrong and hypocritical. He noted that some Republican officials had their own debt and pandemic relief loans forgiven. President Biden speaks about student loan debt relief at Delaware State University last month. The debt forgiveness plan announced in August would cancel $10,000 in student loan debt for those making less than $125,000 or households with less than $250,000 in Circuit Court of Appealsin St. Louis put loan forgiveness on temporary hold while it considers a challenge from six Republican-led states. Theapplication for student loan reliefhas stopped accepting submissions. White House Press Secretary Karine Jean-Pierre said in a statement that the president and his administration are determined to help working and middle-class Americans get back on their feet.. I feel like theyre going to take it away from us. Circuit Court of Appealsin St. Louis put loan forgiveness on temporary hold while it considers a challenge from six Republican-led states. President Biden's administration is requesting the U.S. Supreme Court to preserve its ill-fated program to forgive hundreds of billions of dollars in student debt. Before it reaches that level, the 5th and 8th Circuit appeals courts both dominated by conservative judges will rule separately in each case. 2022 FOX News Network, LLC. President Joe Bidens plan to provide millions of borrowers with up to $20,000 apiece infederal student-loan forgivenesshas been blocked by a second federal court, leaving millions of borrowers to wonder if theyll get debt relief at all. The fate of the plan will likely eventually end up in the Supreme Court, meaning a final decision is a ways off. Im devastated for borrowers. The administration claimed the COVID-19 pandemic created a national emergency. The case before the 8th Circuit could end up in the Supreme Court soon, since the six Republican-led states have asked the appeals court to keep the program on hold while the case plays out. Sign up for our weekly money newsletter written by Editor at Large Farnoosh Torabi and receive a free copy of So Money Secrets, a selection of the best money advice from Farnooshs podcast interviews. The Department of Education would quickly process their relief once we prevail in court, she said. Still, many Democratic lawmakers facing tough reelection contests distanced themselves from the plan. Led by Arizona Attorney General Mark Brnovich, the lawsuit makes three claims of injury. The White House has filed an appeal. Student loan borrowers stage a rally in front of the White House to celebrate President Biden canceling student debt and to begin the fight to cancel any remaining debt in Is this real? Biden's plan, which aims to cancel up to $20,000 in student loan debt for Pell Grant recipients in college and up to $10,000 for others who borrowed using federal student loans, is set to cost taxpayers over $400 billion. "This Court should vacate, or at minimum narrow, the injunction pending appeal entered by the court of appeals," the Biden administration's letter states. "As such, we approach the motion before us with great care.". All rights reserved. The White House has argued the program is legal as the secretary of education has the power to modify student loans during an emergencysuch as the Covid-19 pandemicunder the 2003 HEROES Act. The libertarian law firm Pacific Legal Foundation filed an emergency motion with the Supreme Court for the case, but it was rejected on Nov. 4. Bidens plan would cancel up to $10,000 in student loan Instead, we are ruled by a Constitution that provides for three distinct and independent branches of governmentThe Court is not blind to the current political division in our country. Under Bidens loan relief program, federal student loan recipients who make less than But Justice Department attorney Brian Netter told U.S. District Judge Henry Autrey in October that student loan defaults have skyrocketed over the past 2 1/2 years. Sign up for theFortune Features email list so you dont miss our biggest features, exclusive interviews, and investigations. Learn more about the legal challenges to the onetime student loan debt relief plan and how they could impact forgiveness for eligible student loan borrowers. Principals are meeting Nov. 15 to discuss a possible administrative stay. The Congressional Budget Office has said the program will cost about $400 billion over the next three decades. President Joe Bidens plan to provide millions of borrowers with up to $20,000 apiece infederal student-loan forgivenesshas been blocked by a second federal court, leaving millions of borrowers to wonder if theyll get debt relief at all. Thank you. Data is a real-time snapshot *Data is delayed at least 15 minutes. I think Id be a fool not to apply, she said, adding, I dont think its necessarily fair, especially to people who chose not to go to school.. 2022 CNET, a Red Ventures company. Subscribe to Heres the Deal, our politics newsletter for analysis you wont find anywhereelse. The plan has faced other legal challenges. When 25-year-old Hofstra University graduate Sarah Puckett heard about the plan, she couldnt believe she might have some of her $26,000 debt forgiven. Biden administrations stops taking applications for student loan debt forgiveness, Biden administration's student loan debt relief program, stopped accepting applications for its relief, the Missouri Higher Education Loan Authority, Tips to help families afford monthly expenses amid inflation, How to use pay transparency to negotiate a better salary. A judge in Texas has blocked President Joe Biden's plan to provide millions of borrowers with up to $20,000 apiece in federal student-loan forgiveness In the first,Nebraska v. Biden, six Republican-led states (Arkansas, Iowa, Kansas, Missouri, Nebraska and South Carolina) claim that the White House plan will hurt their state tax revenues and state-based loan agencies. A Division of NBCUniversal. cancel up to $20,000 in student loan debt for eligible borrowers is now in serious legal jeopardy after a Texas judge vacated the program Thursday, declaring it "an In this country, we are not ruled by an all-powerful executive with a pen and a phone. A federal judge had earlier dismissed the groups lawsuit, finding they didnt have the legal right, or standing, to bring the case. Pittman an appointee of former President Donald Trump based in Fort Worth, Texas made it clear that he felt Biden overstepped his authority. Previously, the White House has been able to dodge legal attacks made in lawsuits by tweaking details of the program. In the final lawsuit --Cato Institute v. US Department of Education-- a libertarian think tank is claiming that it will be injured by one-time student loan debt relief's weakening of the Public Service Loan Forgiveness program, making it harder for it to recruit employees who would qualify. In the case of Nebraska v. Biden, the temporary injunction "will remain in effect until further order of this court or the Supreme Court of the United States," per yesterday's court order. This is devastating, said Melissa Byrnes, an organizer and advocate for student debt cancellation who is a defaulted federal loan borrower. Supreme Court Justice Amy Coney Barrett rejected an appeal. Bidens plan would cancel up to $10,000 in student loan debt for those making less than $125,000 per year or households making under $250,000 per year in income. The debt forgiveness plan announced in August would cancel $10,000 in student loan debt for those making less than $125,000 or households with less than $250,000 in income. 2022 NYP Holdings, Inc. All Rights Reserved, Bidens White House literally could not be more political, The college debt solution: Let kids go to work instead of school, Student debtors refuse to pay back loans: Im not gonna feed this monster anymore, Biden asks SCOTUS to lift order blocking student loan debt handout, Bidens student loan debt forgiveness program, Education Department stopped accepting new applications. Update this story as lawsuits trying to prevent one-time student loan debt relief program student debt. And graduate school, Zimmerman said did not prevent applications or the review applications! In Fort Worth, Texas made it clear that he felt Biden overstepped his.! The Court ruled that there is no such thing as `` taxpayer standing. `` same,! 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