Missouri judge blocks Biden student loan forgiveness amid state disputes | Morning in America

An 11th hour reversal on the Biden administration's student loan relief plan. A Missouri judge is temporarily blocking it. Just hours after a Georgia court allowed a temporary hold to expire. Tens of millions of borrowers now wondering if their debt is going to be forgiven. News Nation's Elizabeth Pran has more for us on this one. Elizabeth, happy Friday to you. That reversal, that was handed down somewhat quickly. Yeah, well, talk about a short-lived victory by the Biden administration. You're going to have to bear with me because there's a lot of back and forth, a lot of moving parts, and this is happening in real time, right? The Biden administration has been really wanting the student loan forgiveness to stick. This was a campaign promise. He's already done in multiple phases. And then you see the court system either halting it or giving it a green light. And it goes either it happens in swing states, it happens in red states. And keep in mind, obviously, we're only a month away from election day. So a Georgia judge this week essentially told Republican lawyers that they didn't have a case. So they left that restraining order to expire. And as you mentioned, the 11th hour Missouri judge filed an injunction. It's back in limbo. So what states are involved? What states are challenging the Biden administration? You have Georgia, Missouri, Alabama, Arkansas, Florida, North Dakota, and Ohio. So the district judge in Georgia basically said that these lawyers didn't prove that the $73 billion forgiveness plan this phase would hurt voters and that they wouldn't lose funding. But you have legal jujitsu. Because if you look at the Missouri judge, he basically says, first of all, the program cannot continue because it is in the legal system. The Biden administration was saying it can continue while it was in limbo. But it also says that that particular state does have a student loan program that would be hurt. It would lose funding if this were rolled out. OK, so who does this apply to? People at home might be wondering. So if you have up to $20,000 in interest or more than the loan, the initial loan was, if you make less than $120,000 a year as a single person, if you make less than $240,000 a year as a couple, if you have been paying for more than two decades, you also have to prove that you haven't applied for this before. One thing I do want to mention, Markie, we talk about the US national debt because there's two sides to every story and there's critics, right? You look at that clock, it's upwards of $35 trillion. In 2023, the Supreme Court said the Biden administration cannot provide more than $430 billion worth of relief. The Biden administration plans right now to relieve at least $150 billion over the course of 10 years. So we're watching it in real time, Markie. We'll see what developments take place. Yeah, because I know a whole lot of American families are like, hey, now, you know, what does this mean for me and what we owe? Elizabeth Cran, thank you so much for that update there. Thanks for watching, everybody. Go to joinnn.com to find NewsNation on your television provider. Also, don't forget to click that red subscribe button below to get more of NewsNation's fact-driven, unbiased coverage.