A federal judge in Missouri will determine whether to temporarily block President Biden's student loan handout after attorneys representing the administration and several Republican-led states gave their arguments at a Wednesday hearing.
Missouri, Arkansas, Iowa, Kansas, Nebraska and South Carolina challenged the program, claiming that the Department of Education lacks the authority to cancel debt to this degree.
"What they’re trying to do is go around Congress, and this they can’t do," Nebraska Solicitor General James Campbell told U.S. District Judge Henry E. Autrey at the hearing.
Biden's plan calls for the federal government to cancel $10,000 in student loan debt – $20,000 for Pell grant recipients – for borrowers who earn up to $125,000 a year or married couples who make up to $250,000. The Congressional Budget Office has said the program will cost about $400 billion over the next three decades.... Read More: FOX News