- The Fifth Circuit blocked Biden's new rules to ease the debt relief process for defrauded borrowers.
- A for-profit group sued the administration, arguing the rules would harm impacted schools.
- The changes to borrower defense are now blocked as the legal process plays out.
President Joe Biden's efforts to help student-loan borrowers just got dealt another blow in court.
On Monday, a three-judge panel ā appointees of former Presidents Ronald Reagan and Donald Trump ā in the Fifth Circuit Court of Appeals blocked the Education Department's new rules to make it easier for student-loan borrowers who said they were defrauded by the school they attended to get their debt wiped out.