A Texas federal judge blocked President Joe Biden’s student loan forgiveness program on Thursday, calling it an “unconstitutional exercise of Congress’s legislative power.”
U.S. District Judge Mark Pittman ruled that the Department of Education’s student loan forgiveness program is illegal following a lawsuit by the Job Creators Network Foundation, which argued the program violated federal procedures because borrowers were not able to comment on the program. The student debt relief program unveiled in August would cancel $10,000 worth of student debt to those making under $125,000 per year.
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