
Federal appeals court issues another blow to Biden’s student loan repayment plan
CNN
A federal appeals court delivered on Friday another blow to President Joe Biden’s student loan repayment plan, siding with Republican-led states that asked it to block further implementation of the plan until their challenge to it is resolved.
A federal appeals court delivered on Friday another blow to President Joe Biden’s student loan repayment plan, siding with Republican-led states that asked it to block further implementation of the plan until their challenge to it is resolved. The fate of the plan, known as SAVE (Saving on a Valuable Education), is in flux as courts across the country consider two legal challenges brought by several Republican-led states. The Department of Education already put the SAVE plan on hold last month due to the ongoing litigation, so Friday’s ruling has no immediate effect on the 8 million borrowers currently enrolled in the repayment plan. Those borrowers have been placed in an interest-free forbearance during which they are not required to make monthly student loan payments. The 8th Circuit Court of Appeals had previously issued a short-term term pause of SAVE while it decided whether to issue the more lasting block of the program that came on Friday. In a unanimous, unsigned ruling issued by three Republican-appointed judges, the court said that the Department of Education could not move forward with any further implementation of the SAVE plan while the court considered the larger legal challenge to it.













