KEY POINTS
  • Student loan borrowers cannot apply for forgiveness at this time.
  • A federal judge in Texas struck down the Biden administration's plan Thursday evening.
  • The decision "was about as wrong and weird as any federal court ruling I can recall reading," said Laurence Tribe, a Harvard law professor.
U.S. President Joe Biden is flanked by U.S. Secretary of Education Miguel Cardona as he speaks about administration plans to forgive federal student loan debt during remarks in the Roosevelt Room at the White House in Washington, U.S., August 24, 2022.

The Biden administration has stopped accepting applications for federal student loan forgiveness after a court struck down its plan on Thursday evening.

"Courts have issued orders blocking our student debt relief program," according to a note on the forgiveness application page at Studentaid.gov. "As a result, at this time, we are not accepting applications. We are seeking to overturn those orders."