Two major court rulings on student loan forgiveness efforts are expected within just a few weeks, and could impact 30 million borrowers.

A U.S. judge on Thursday temporarily blocked President Joe Biden's administration from implementing its latest student debt forgiveness plan, just days after seven Republican-led states filed a lawsuit seeking to halt it.

A court order blocking the Biden administration from proceeding with its latest effort to pare down student debt was extended by a federal court Thursday.

Legal challenges and court orders are causing chaos across the federal student loan system, jeopardizing payment plans and loan forgiveness for millions.

The plan would affect millions of borrowers struggling with runaway interest and others who were still paying off loans after decades. It was set to take effect this fall.

Seven Republican-led states sued to block the Biden administration from advancing a plan to forgive the interest on the federal student loans of 25 million Americans.

A U.S. judge temporarily blocked President Joe Biden's administration from implementing its latest student debt forgiveness plan, just days after seven Republican-led states filed a lawsuit seeking to halt it.

President Joe Biden's federal student debt forgiveness plan faces another setback as a federal judge extended the temporary restraining order against it Wednesday.