Biden student loan plan back on after judge lets restraining order expire

I believe my plan is responsible and fair. It focuses the benefit on middle class and working families. It helps both current and future borrowers and will fix a badly broken system. President Joe Biden's student loan forgiveness plan is set to go back into action after a federal judge ruled a temporary restraining order should expire. U.S. District Judge Randall Hall made the ruling in relation to a suit brought by seven red states. Ohio's attorney general said the new student loan forgiveness plan was illegal. The judge ruled that the states had no standing and the matter should be decided in Missouri. Missouri argues the forgiveness plan would affect MOHELA, the Missouri Higher Education Loan Authority. The loan forgiveness plan would affect three and four federal student loan holders, according to a report by the Center for American Progress. The current plan would cancel debt for those who owe more than what they initially received, those in repayment for decades, those from schools with low value, and those who qualify for forgiveness but have not yet applied. An Education Department spokesperson slammed Republicans for attempting to stop the plan in a response to the ruling, saying in a statement they won't stop fighting to fix the, quote, broken student loan system.