Biden's Student Loan Forgiveness Plan Cleared by Judge

A federal judge in Georgia, Randal Hall, has allowed President Joe Biden's student loan forgiveness plan to proceed by letting a temporary restraining order expire. The plan could potentially benefit over 25 million Americans and relieve debt for approximately three out of four federal student loan holders. The ruling comes after a lawsuit from seven Republican-led states, which argued that the Biden administration exceeded its authority with the plan, was deemed improperly filed in Georgia and transferred to Missouri. Critics of the plan argue it constitutes a massive transfer of debt to taxpayers, while supporters see it as essential relief for borrowers struggling with debt. The Biden administration estimates the program could cost upwards of $147 billion over the next decade. The states are now seeking an injunction to block the implementation of the plan while the case continues in Missouri.