UPDATED: President Biden Arrives at Beach House / Student Loan Relief Plan on Hold
UPDATED 10/21/22 – 7:55pm – President Biden spoke to students at Delaware State University Friday afternoon touting his student loan relief plan telling students that they could be eligible for up to $20,000 in debt relief.
However, FOX News is reporting that the 8th U.S. Circuit Court of Appeals granted a motion on Friday to temporarily block the President’s student loan forgiveness plan. The Court ruled in favor of six Republican-led states – Nebraska, Missouri, Arkansas, Iowa, Kansas and South Carolina – which requested the student debt relief plan be halted while the court works through their request for a longer-term injunction.
A statement from the White House on the 8th US Circuit Court of Appeals action:
Statement by Press Secretary Karine Jean-Pierre
Tonight’s temporary order does not prevent borrowers from applying for student debt relief at studentaid.gov – and we encourage eligible borrowers to join the nearly 22 million Americans whose information the Department of Education already has. It also does not prevent us from reviewing these applications and preparing them for transmission to loan servicers.
It is also important to note that the order does not reverse the trial court’s dismissal of the case, or suggest that the case has merit. It merely prevents debt from being discharged until the court makes a decision.
We will continue to move full speed ahead in our preparations in compliance with this order. And, the Administration will continue to fight Republican officials suing to block our efforts to provide relief to working families.
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President Biden will be visiting his Rehoboth Beach home this weekend. The President will stop at Delaware State University on Friday where he will deliver remarks on student debt around 3:15pm. When he leaves Dover, he will fly to Rehoboth Beach – landing at the Gordons Pond parking area around 5:45pm. He will be at the beach house until Sunday.
