SCOTUS Keeps Block on Biden's Student Debt Forgiveness Program

Student Loans

Emma Camp | 8.29.2024 10:51 AM

On Wednesday, the Supreme Court ruled to keep an injunction halting one of the key provisions of President Joe Biden's changes to the federal student loan program. The court upheld a lower court's block on the Saving on a Valuable Education (SAVE) plan—an income-driven repayment plan that would have drastically reduced the amount many borrowers would have to pay on their loans before receiving forgiveness.

In 2022, Biden announced plans to enact widespread, one-time student loan forgiveness. While that plan was halted by the........

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