Appeals court temporarily halts Biden’s student debt cancellation scheme

Program has been paused as the court considers a motion filed by six Republican-led states

Joe Biden's plan to cancel billions of dollars in federal student loans has been temporarily halted by a federal appeals court as it considers a motion from six Republican-led states to block the program.

The eighth circuit court of appeals issued the temporary stay on Friday, ordering the Biden administration not to act on the program while it considers the appeal.