A federal appeals court on Friday temporarily blocked President Joe Biden’s plan to cancel billions of dollars in federal student loans.
The 8th U.S. Circuit Court of Appeals granted an emergency petition from six Republican-led states who asked for a pause on the student debt relief while the court rules on their request for a longer-term injunction.
The St. Louis-based appeals court also ordered an expedited briefing schedule on the matter.
The lawsuit by the six Republican-led states—Nebraska, Missouri, Arkansas, Iowa, Kansas, and South Carolina—is before the appeals court after a lower court judge rejected the suit a day prior….