Kansas and Missouri Federal Judges Block Biden's Student Loan Repayment Plan, Citing Constitutional Concerns from diana ross net worth Watch Video
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⏲ Duration: 0:42 👁 View: 680K times ✓ Published: 26-Jun-2024
Description: Federal judges in Kansas and Missouri have blocked significant portions of a Biden administration student loan repayment plan, set to take effect on July 1. U.S. District Judge Daniel Crabtree in Kansas ruled to restrict parts of the program intended for borrowers with larger loans while allowing provisions for those with smaller debts. In Missouri, U.S. District Judge John Ross prohibited the Department of Education from forgiving future loan balances but permitted reduced monthly payments. Republican state attorneys general, who filed the lawsuits, hailed the rulings as victories against what they view as an unconstitutional overreach.