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Biden: Nearly 22M have already requested student loan relief

Biden Student Loan Debt
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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.