Federal judges in Kansas and Missouri have together blocked much of a Biden administration student loan repayment plan that provides a faster path to cancellation and lower monthly payments for millions of borrowers. The judges’ rulings prevent the U.S. Department of Education from helping many of the intended borrowers ease their loan repayment burdens going forward under a rule set to go into effect July 1. The decisions do not cancel assistance already provided to borrowers. In Kansas, the judge is allowing parts of the program applying to students who borrowed $12,000 or less remain in effect, but not parts for others. In Missouri, the judge blocked forgiving loan debt.
