Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Biden’s plan to relieve billions of dollars of student debt ruled unlawful by Trump judge

Judge in Fort Worth ruled that HEROES ACT did not allow for president’s $400bn plan

Graeme Massie
Los Angeles
Friday 11 November 2022 03:44 GMT
Comments
Related video: Biden announces student loan debt cancellation plan

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

A federal judge in Texas has ruled that President Joe Biden’s plan to relieve billions of dollars of student loan debt is unlawful.

US District Judge Mark Pittman, who was appointed by Donald Trump, has ruled against the White House and in favour of two borrowers in a lawsuit backed by conservative advocacy group the Job Creators Network.

The judge ruled that the HEROES ACT, which gives loan assistance to members of the US military and was used by the Biden administration, did not allow the $400bn student loan plan.

“The Program is thus an unconstitutional exercise of Congress’s legislative power and must be vacated,” Judge Pittman wrote in his 26-page ruling.

The plan had been subject to a string of lawsuits by Republican state attorney generals and right-wing legal groups.

The plan, which was announced in August, would cancel up to $10,000 in federal student loan debts for borrowers making less than $125,000 per year or married couples making $250,000.

Borrowers who received Pell Grants for lower-income students would have had up to $20,000 of their debt cancelled.

The nonpartisan Congressional Budget Office said in September that the plan would eliminate roughly $430bn of the $1.6 trillion dollars owed in federal student loans.

The CBO estimated that around 40 million Americans would have benefitted from the plan.

White House press secretary Karine Jean-Pierre said in a statement on Thursday night that the administration is “determined to help working and middle-class Americans get back on their feet, while our opponents – backed by extreme Republican special interests – sued to block millions of Americans from getting much-needed relief.”

More than 26 million borrowers have already applied for cancelation through the US Department of Education, and 16 million have been approved for relief, according to the White House.

The Education Department “will hold onto their information so it can quickly process their relief once we prevail in court,” Ms Jean-Pierre said. “We will never stop fighting for hardworking Americans most in need – no matter how many roadblocks our opponents and special interests try to put in our way.”

A pandemic-era pause on student loan repayment and interest will expire on 31 December, with payments to resume on 1 January.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in