What's next now that Biden’s student loan plan has been blocked by court

The Biden administration is no longer accepting applications for student loan forgiveness after a federal court blocked the administration’s plan. “Courts have issued orders blocking our student debt relief program. As a result, at this time, we are not accepting applications. We are seeking to overturn those orders,” the Federal Student Aid website said in a note shared Friday. The office said it will hold applications from the more than 26 million borrowers who have already applied for forgiveness. Of those who have applied, 16 million have already been approved for forgiveness, according to...