The anticipated announcement about more student loan forgiveness comes on the heels of a chaotic week for borrowers and as other debt relief plans remain blocked.

Government stimulus programs are generally enacted to increase economic activity during difficult financial times. One example is the payments that were sent to individuals and businesses during the Covid pandemic when the health emergency caused global commerce to stall.

Hours after the restraining order on the student debt relief plan expires, a Missouri judge places the plan back on hold.

A federal judge in Georgia has ruled that a temporary restraining order—one that halted the program—will expire today. The expiration of the restraining order marks a promising step forward for the program,

N ow that a federal judge has ruled that the Biden Administration can proceed with its student loan forgiveness program, lifting a temporary restraining order that had prevented the discharge of debt for over 25 million Americans, many are hoping for a swift implementation of relief measures.

One day after a temporary restraining order blocking Biden's student debt relief program expired, a new one was issued by a federal judge in Missouri.

The states said the Education Department could “unlawfully mass cancel up to hundreds of billions of dollars in student loans as soon as Monday.”

U.S. District Judge J. Randal Hall ruled that Georgia failed to show it would be harmed by student loan forgiveness.

A student loan forgiveness option closed early Wednesday and federal loan borrowers will no longer be able to sign up for the Fresh Start program.

The Education Department has restored online access to a key application for borrowers looking to continue pursuing student loan forgiveness as some programs are blocked.