Student loan forgiveness plan can move forward, federal judge allows [Video]

A federal judge will let expire a temporary restraining order against the Biden administration’s sweeping new student loan forgiveness plan, which could deliver relief to tens of millions of Americans.

The plan could benefit as many as three in every four federal student loan holders, when combined with the administration’s previous efforts, according to an estimate by the Center for American Progress.

U.S. District Judge Randal Hall in Georgia, appointed by Republican former President George W. Bush, delivered the win for the Biden administration late on Wednesday.

The ruling means President Joe Biden may move forward with his administration’s student loan forgiveness plan, just weeks before the November election.

The development stems from a lawsuit against the aid package brought by seven GOP-led states. The states — Alabama, Arkansas, Florida, Georgia, Missouri, North Dakota and Ohio — said the U.S. Department of Education’s new debt cancellation effort is illegal.

However, Hall found that Georgia lacked standing to sue …