A federal judge in Missouri put a temporary hold on President Joe Biden’s latest student loan cancellation plan on Thursday, slamming the door on hope it would move forward after another judge allowed a pause to expire.

Just as it briefly appeared the Biden administration would have a window to push its plan forward, U.S. District Judge Matthew Schelp in Missouri granted an injunction blocking any widespread cancellation.

    • Capt. Wolf@lemmy.world
      link
      fedilink
      arrow-up
      3
      ·
      edit-2
      1 month ago

      It’s really keeping us in a shitty place. One of the reasons I’ve stayed with this company so long was being on the forgiveness plan. With that taken care of, I could look into working with a private company and leverage the decade of experience I have into a better salary, but until it’s taken care of I can’t risk jeopardizing my repayment plan… It’s like being held hostage.

      • stoly@lemmy.world
        link
        fedilink
        arrow-up
        1
        ·
        1 month ago

        I work in higher ed. The hell I’ll ever go into public sector while holding a loan.