A federal judge on Monday denied a bid by two conservative groups to block the Biden administration from canceling the federal student loans of more than 800,000 people who have been in repayment for more than 20 years.
, saying the administration violated federal law by failing to produce the forgiveness policy through the traditional rulemaking process and offer the public the opportunity to comment. The groups also claimed the policy would harm their recruitment efforts and asked the court to stop the federal governmentU.S. District Judge Thomas L. Ludington of the Eastern District of Michigan
“On Day One of my Administration, I promised to fight for hardworking families and to fix problems in the student loan system that have been failing borrowers for too long. I’m proud that my Administration is delivering on that promise,” President Biden saidWith the debt forgiveness, the Biden administration is trying to fix decades of mismanagement of income-driven repayment plans
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