DOVER, Delaware (AP) — President Joe Biden says nearly 22 million people have applied for federal student loan relief in the week since his administration made its online application available — more than half of the number the White House believes are eligible for the program. Biden was speaking Friday at Delaware State University, a historically Black university where the majority of students receive federal Pell Grants. Later Friday, though, a federal appeals court issued an administrative stay temporarily blocking Biden’s loan cancellation plan. The Eighth Circuit Court of Appeals issued the stay while it considers a motion from six Republican-led states to stop the program.
Susan Walsh/AP
FILE - President Joe Biden speaks in the South Court Auditorium on the White House complex in Washington, April 28, 2022. Biden needs to make a decision about canceling student debt. For student loan activists, the past week began with hope as Biden gave his clearest indication that he was considering canceling federal debt rather than simply allowing borrowers to defer payments during the pandemic. But that soon gave way to disappointment when Biden signaled days later that any debt relief would be much less than activists wanted. (AP Photo/Susan Walsh, File)
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