Days after launching the application portal for student-loan forgiveness, the Biden administration has been dealt a blow. Reportedly, a US appeals court on Friday issued a stay on the plan, temporarily blocking the federal government from cancelling any loans.

Days after launching the application portal for student-loan forgiveness, the Biden administration has been dealt a blow. Reportedly, a US appeals court on Friday issued a stay on the plan, temporarily blocking the federal government from cancelling any loans. The eighth US Circuit Court of Appeals stayed the decision citing it was considering a request for an injunction under a lawsuit filed by a coalition of six Republican-led states viz. Arkansas, Iowa, Kansas, Nebraska, Missouri and South Carolina. Watch | Joe Biden's student loan deductions to affect already skyrocketing inflation? × Ever since the announcement regarding the programme was made, Republicans continue to claim that it is a waste of government funds that could be put to better use. White House press secretary Karine Jean-Pierre sounded optimistic despite the temporary halt and encourage the students to enroll themselves on the list. "We encourage eligible borrowers to join the nearly 22 million Americans whose information the Department of Education already has," said Jean-Pierre. "It is important to note that the order does not reverse the trial court's dismissal of the case or suggest that the case has merit," she added. "It merely prevents debt from being discharged until the (appeals) court makes a decision." Unveiled in August, the programme will provide a $10,000 relief for borrowers with salaries less than $125,000. For recipients of Pell Grants, the relief doubles to $20,000. As per news reports, the plan is going to cost the government an estimated $400 billion. Read more: Joe Biden's 'game-changing' student loan forgiveness progamme launched; 8 million applications in already As reported by WION, earlier this week, Biden launched the portal amid much fanfare and said that eight million Americans had already enrolled in the programme during its soft launch. "The new student loan application is now open. If you have federal student debt, please visit StudentAid.gov. It’s easy, simple and fast and it’s a new day for millions of Americans all across our nation," said Biden. (With inputs from agencies) WATCH WION LIVE HERE:

US court issues a stay order blocking Biden's student loan forgiveness plan

US President Joe Biden's much-touted student loan forgiveness is now live. On Monday, he lauded the official launch of the process, as the White House noted that more than eight million Americans have already enrolled in the&nbsp; programme during its soft launch.

"The new student loan application is now open. If you have federal student debt, please visit StudentAid.gov. It’s easy, simple and fast and it’s a new day for millions of Americans all across our nation," said Biden.

Watch |&nbsp;Joe Biden's student loan deductions to affect already skyrocketing inflation?

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He added that the "game-changing" portal's launch marks a "big step" that his administration has taken to "make a ticket to the middle class that folks can actually afford."

The website had its soft launch on Friday (14 October) and as per Biden it handled the initial applications without a glitch or any difficulty. The Friday launch allows application submissions but they were not processed till the official launch on Monday.

Also read |&nbsp;<a href="https://www.wionews.com/world/student-debt-cancellation-biden-waives-10000-in-student-loans-for-millions-509971">Student debt: Biden waives off $10,000 in loans for millions</a>

Unveiled in August, the programme will provide a $10,000 relief for borrowers with salaries less than $125,000. For recipients of Pell Grants, the relief doubles to $20,000.

As per AFP news agency, the plan is going to cost the government an estimated $400 billion. Republicans claim that this is a waste of government funds which could be put to better use.

Also read |&nbsp;<a href="https://www.wionews.com/world/us-probe-reveals-trump-aides-blocked-correct-information-on-covid-526275" hreflang="en">US probe reveals Trump aides blocked correct information on Covid</a>

The Hill reports that many conservative groups and Republican state officials have even filed lawsuits seeking to end the loan forgiveness programme.&nbsp;

However, <a href="https://www.wionews.com/topics/joe-biden">Biden</a> claims that contrary to Republican claims of the programme being too costly, it will be paid for because his efforts will help bring down the deficit.

(With inputs from agencies)

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US President Joe Biden's much-touted student loan forgiveness is now live. On Monday, he lauded the official launch of the process, as the White House noted that more than eight million Americans have already enrolled in the programme during its soft launch.

US President Joe Biden's much-touted student loan forgiveness is now live. On Monday, he lauded the official launch of the process, as the White House noted that more than eight million Americans have already enrolled in the programme during its soft launch. "The new student loan application is now open. If you have federal student debt, please visit StudentAid.gov. It’s easy, simple and fast and it’s a new day for millions of Americans all across our nation," said Biden. Watch | Joe Biden's student loan deductions to affect already skyrocketing inflation? He added that the "game-changing" portal's launch marks a "big step" that his administration has taken to "make a ticket to the middle class that folks can actually afford." The website had its soft launch on Friday (14 October) and as per Biden it handled the initial applications without a glitch or any difficulty. The Friday launch allows application submissions but they were not processed till the official launch on Monday. Also read | Student debt: Biden waives off $10,000 in loans for millions Unveiled in August, the programme will provide a $10,000 relief for borrowers with salaries less than $125,000. For recipients of Pell Grants, the relief doubles to $20,000. As per AFP news agency, the plan is going to cost the government an estimated $400 billion. Republicans claim that this is a waste of government funds which could be put to better use. Also read | US probe reveals Trump aides blocked correct information on Covid The Hill reports that many conservative groups and Republican state officials have even filed lawsuits seeking to end the loan forgiveness programme. However, Biden claims that contrary to Republican claims of the programme being too costly, it will be paid for because his efforts will help bring down the deficit. (With inputs from agencies) WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

Joe Biden's 'game-changing' student loan forgiveness progamme launched; 8 million applications in already

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US court issues a stay order blocking Biden's student loan forgiveness plan

Joe Biden's 'game-changing' student loan forgiveness progamme launched; 8 million applications in already