Biden’s student loan forgiveness: A timeline of legal challenges facing the plan
Ann Schmidt
November 21, 2022
On Nov. 14, the 8th U.S. Circuit Court of Appeals blocked President Joe Biden’s student loan debt forgiveness plan
President Biden’s student loan debt forgiveness plan has faced a series of legal challenges, including a recent block by a federal appeals court.
The move was part of just one lawsuit against the plan. In total, six lawsuits have been filed against it, with two resulting in blocks.
Biden announced in August that his administration would cancel $10,000 in federal student loans per borrower, or $20,000 in student loans for Pell Grant recipients. The plan only applies to individual borrowers who make less than $125,000 or households who make less than $250,000.
