ERISA. (Photo: Shutterstock)
The Biden administration's student loan forgiveness plan remains on hold, after the 5th US Circuit Court of Appeals – the second federal appeals court – denied a request from the federal government to temporarily reverse a lower-court order that blocked rollout of the plan.
A three-judge panel of the New Orleans-based appeals court on Wednesday rejected the request in a brief order, which means the plan will remain on hold while the administration appeals a decision from a Texas judge that declared the debt relief proposal unlawful.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.