Biden administration can move forward with student loan forgiveness, federal judge rules

A federal judge will let expire a temporary restraining order against the Biden administration’s sweeping new student loan forgiveness plan, which could deliver relief to tens of millions of Americans.

U.S. District Judge Randal Hall in Georgia, appointed by former Republican President George W. Bush, delivered the win for the Biden administration late on Wednesday.

The ruling means Biden may move forward with his administration’s student loan forgiveness plan, just weeks before the November election.

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Article URL : https://www.cnbc.com/2024/10/03/student-loan-forgiveness-plan-goes-ahead-biden.html