Federal appeals court blocks Biden student debt relief program nationwide

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A federal appeals court on Monday issued a nationwide injunction temporarily barring the Biden administration's student loan debt relief program.The ruling by 8th Circuit Court of Appeals in St. Louis came after the states of Arkansas, Iowa, Kansas, Missouri, Nebraska, and South Carolina argued in a lawsut that the loan relief program threatens their future tax revenues, and that plan circumvents congressional authority."The injunction will remain in effect until further order of this court or the Supreme Courtof the United States," a three-judge panel of the appeals court said in its ruling.