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The Independent UK
The Independent UK
National
Jim Salter

EXPLAINER: Where does the student loan debt plan stand?

Copyright 2022 The Associated Press. All rights reserved

President Joe Biden’s plan to provide millions of borrowers with up to $20,000 apiece in federal student-loan forgiveness has been blocked by a second federal court, leaving millions of borrowers to wonder if they'll get debt relief at all.

On Thursday, U.S. District Judge Mark Pittman ruled that the program usurped Congress’ power to make laws. The administration immediately filed a notice to appeal.

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