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Delaware State University on October 21, 2022 in Dover, Delaware. That week, a federal judge ruled that six states trying to block President's student loan forgiveness program lacked standing, but the 8th Circuit Court of Appeals subsequently imposed a preliminary injunction blocking the program. With so many fast-moving developments impacting President Joe Biden’s student loan forgiveness initiatives, it can be hard for borrowers to keep track of updates. Here’s where things stand.
Oral arguments before the Supreme Court are set for February 2023, and a decision could be issued anytime between then and next summer. The Biden administration is publicly expressing optimism, saying that Biden “welcomes” a review by the court and is confident that the program is legal. But with a 6-3 conservative majority that has repeatedly expressed hostility to what it views as federal executive overreach, a positive outcome is far from certain.
In the meantime, the program remains blocked. No borrowers are receiving student loan forgiveness under the initiative, and borrowers who have not applied are unable to do so.As a result of the ongoing litigation over the one-time student loan forgiveness program, the Biden administration has
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