00:00It's Benzinga, and here's what's on the block.
00:02A Missouri judge has temporarily blocked President Biden's student loan forgiveness plan, halting
00:07relief efforts by the U.S. Department of Education.
00:10The ruling came one day after a federal judge in Georgia allowed a restraining order on
00:14the plan to expire.
00:16The legal challenge was brought by seven GOP-led states, claiming the debt relief program is
00:20legal.
00:21The case has now moved to Missouri, where Judge Matthew Shelp will decide its fate.
00:26The decision has left borrowers in limbo, as the administration's plan to forgive student
00:30debt for millions remains paused.
00:31For all things money, visit Benzinga.com.
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