{"id":1993192,"date":"2023-08-07T14:22:07","date_gmt":"2023-08-07T18:22:07","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bidens-new-student-debt-relief-policy-blocked-by-appeals-court\/"},"modified":"2023-08-07T14:25:09","modified_gmt":"2023-08-07T18:25:09","slug":"bidens-new-student-debt-relief-policy-blocked-by-appeals-court","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bidens-new-student-debt-relief-policy-blocked-by-appeals-court\/","title":{"rendered":"Appeals court blocks Biden&#8217;s student debt relief policy."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbidens-new-student-debt-relief-policy-blocked-by-appeals-court%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1993192&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Federal Appeals Court\u2063 Blocks Biden&#8217;s Student Loan Relief Rules<\/h2>\n<p>A \u2064federal appeals\u2063 court has \u200bgranted an injunction\u2063 to \u2063block President Joe Biden&#8217;s new rules aimed \u200dat providing easier debt relief for student borrowers who were\u200c misled or defrauded by universities.<\/p>\n<p>The U.S. \u200bCourt of Appeals for the 5th Circuit, in a decision made\u2062 by a three-judge panel, granted\u200d the \u200binjunction request by Career Colleges &#038; \u2063Schools of Texas, a\u200c group representing over 70 for-profit higher education institutions in Texas. The ruling will remain in effect while the case is\u2062 under appeal.<\/p>\n<h3>Debate Over Spending and\u2063 Debt<\/h3>\n<p>The reasoning behind the decision was not explained in the\u200b two-page order, but it\u200c was noted that the case will be heard in the fall.<\/p>\n<blockquote>\n<p>&#8220;It is ordered that appellant&#8217;s \u200dopposed emergency motion for <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/republicans-should-use-fifth-circuits-cfpb-ruling-to-dismantle-it-once-and-for-all\/\" title=\"Republicans Should Use Fifth Circuit\u2019s CFPB Ruling to Dismantle It Once and for All\">injunction pending appeal<\/a> of the\u2062 borrower-defense and closed-school provisions \u2063of a &#8216;rule&#8217; governing student loan discharges is GRANTED,&#8221;<\/p>\n<\/blockquote>\n<p>The lawsuit filed by the group against the Education Department dates back to April.\u200b The Biden administration&#8217;s \u2064rules, which came into effect in July, aim to expand the circumstances under which <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ocasio-cortez-fires-back-after-biden-rejects-proposal-to-cancel-50k-in-student-loan-debt\/\" title=\"Ocasio-Cortez Fires Back After Biden Rejects Proposal To Cancel K In Student Loan Debt\">loan relief<\/a> can be granted.<\/p>\n<p>The policy,\u200d known as &#8220;borrower defense to \u2062repayment,&#8221; broadens the types of college misconduct that can \u2063trigger loan forgiveness and provides\u2062 more relief to defrauded borrowers. It also simplifies the application process and makes it easier for borrowers to obtain relief if their institutions suddenly close.<\/p>\n<blockquote>\n<p>&#8220;We are pleased that the Fifth Circuit has ruled in favor of delaying the onset of the borrower defense to repayment and closed school discharge regulations,&#8221;<\/p>\n<\/blockquote>\n<p>said Career Education Colleges and Universities in\u2064 a statement. The President and CEO of CECU, Jason Altmire, added that implementing \u200cthese provisions\u2064 would\u200c have had a detrimental impact on career schools in Texas and across the country.<\/p>\n<p>In June, the Supreme Court struck down Biden&#8217;s plan for broad loan forgiveness, \u2063which aimed to forgive \u2062up to $20,000 in <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/5-reasons-making-taxpayers-pay-off-student-loans-is-a-rotten-idea\/\" title=\"5 Reasons Making Taxpayers Pay Off Student Loans Is A Rotten Idea\">student debt<\/a> for millions of borrowers.<\/p>\n<p>The arguments over the new\u2063 plan in the 5th Circuit will take place \u2063in\u200d November.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A federal appeals court has blocked President Biden&#8217;s new rules to aid student borrowers who were deceived or defrauded by universities. The U.S. Court of Appeals for the 5th Circuit granted an injunction request by Career, limiting the implementation of the debt relief measures.<\/p>\n","protected":false},"author":1,"featured_media":1993193,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-1993192","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1993192","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1993192"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1993192\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1993193"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1993192"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1993192"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1993192"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}