30 million student-loan borrowers get bad news after a Trump-appointed federal judge officially blocks Biden from carrying out broader debt cancellation
Briefly

Judge Matthew Schelp stated, "Balancing the harm and the injury, merged with the public's interest, easily leads this Court to the conclusion that preliminary injunctive relief should issue." This underscores the court's focus on maintaining legal boundaries and public interest in government actions.
The ruling effectively preserves the status quo by blocking the Biden administration's student debt relief plan until a final legal decision is reached, reflecting a cautious judicial approach.
Read at Business Insider
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