A federal judge in Missouri put a temporary hold on President Joe Biden’s latest student loan cancellation plan on Thursday, slamming the door on hope it would move forward after another judge allowed a pause to expire.
Just as it briefly appeared the Biden administration would have a window to push its plan forward, U.S. District Judge Matthew Schelp in Missouri granted an injunction blocking any widespread cancellation.
It’s really keeping us in a shitty place. One of the reasons I’ve stayed with this company so long was being on the forgiveness plan. With that taken care of, I could look into working with a private company and leverage the decade of experience I have into a better salary, but until it’s taken care of I can’t risk jeopardizing my repayment plan… It’s like being held hostage.
I work in higher ed. The hell I’ll ever go into public sector while holding a loan.