A federal judge heard arguments Wednesday in a case where several Republican-led states are looking to block President Biden's student loan handout program.
Six states, including Missouri and Kansas, are arguing that the Biden administration's debt relief plan harms entities that service the loans and treasuries that would benefit from taxes on forgiven debt.
It’s unclear when the judge will rule on the lawsuit filed by six Republican-led states that seeks an injunction to halt the student loan forgiveness plan.