Biden student loan forgiveness gets a major win

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A federal judge on Monday paved the way for 804,000 borrowers to receive $39 billion in student loan debt relief.

U.S. District Judge Thomas L. Ludington on Monday dismissed a lawsuit from two conservative groups that sought to block 804,000 borrowers who had made payments for 20 to 25 years to begin receiving $39 billion in student loan debt relief this month.

Biden announced the plan last month, just weeks after the Supreme CourtThe lawsuit, filed earlier this month by the New Civil Liberties Alliance on behalf of the Mackinac Center for Public Policy and the Cato Institute, argued that"no authority allows the [Department of Education] to count non-payments as payments" and accused the Biden administration of setting"an accelerated schedule" for debt relief that was"apparently designed to evade judicial review.

 

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