(TheRedAlertNews.com) – BREAKING NOW: In the wake of a federal judge’s ruling last night that President Joe Biden’s student loan forgiveness plan is unconstitutional, the administration has stopped accepting student loan debt relief applications.
As CNBC is now reporting in “Biden administration stops taking applications for student loan forgiveness”:
“The Biden administration has stopped accepting applications for federal student loan forgiveness after a court struck down its plan on Thursday evening.
“‘Courts have issued orders blocking our student debt relief program,’ according to a note on the forgiveness application page at Studentaid.gov. ‘As a result, at this time, we are not accepting applications. We are seeking to overturn those orders.’
“The suspension of the forgiveness program comes shortly after a federal judge in Texas rejected President Joe Biden’s executive action in August to cancel up to $20,000 in student debt for tens of millions of Americans.” [emphasis added]
According to the federal judge:
“‘In this country, we are not ruled by an all-powerful executive with a pen and a phone,’ wrote Judge Mark Pittman of the U.S. District Court for the Northern District of Texas, in his 26-page decision. Pittman, who was appointed in 2019 by former President Donald Trump, sided with the Job Creators Network Foundation, a conservative advocacy group.” [emphasis added]
THIS IS A BREAKING NEWS ITEM FROM RED ALERT NEWS.
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