Now that the midterms are safely in the rearview mirror, we have more news on the student loan debt forgiveness front with another federal court ruling to block the program.
“A federal appeals court again blocked President Biden’s student debt relief program on Monday.
The big picture: The U.S. Court of Appeals for the 8th Circuit issued an emergency motion for “injunction pending appeal” and says the injunction will “remain in effect until further order of this court or the Supreme Court of the United States.” …
Of note: The moratorium on student loan payments ends in December …”
Student loan debt payments which have been on pause ever since COVID hit in early 2020 will resume in January. Perhaps Nancy Pelosi will change her mind after four years as Speaker of the House and hold a vote on it during the lame duck session to show us where Democrats stand on the issue?
Note: BTW, I support student loan debt forgiveness, but this has always been a cruel hoax.