The Biden Administration's Student Loan Forgiveness Plan Is on Hold

The Biden administration asked the Supreme Court to weigh in on its student loan forgiveness plan. The plan has faced several legal disputes and is officially on hold after a ruling from an appellate court this week. On Monday, the U.S. court of appeals for the 8th Circuit ruled in favor of a group of six Republican led states who actually courts a pause any debt forgiveness during its court proceedings.