Courts halt parts of President Biden’s student loan repayment plan
https://www.siliconvalley.com/2024/06/25/courts-halt-parts-of-president-bidens-student-loan-repayment-plan/
Washington — Two federal court judges in Kansas and Missouri have paused parts of a student loan repayment plan that the Biden administration launched last year, which lowers borrowers’ monthly payments and provides a faster route to debt forgiveness.
Two lawsuits filed by Republican-led states argue that the Biden administration overstepped its authority when it implemented the SAVE (Saving on a Valuable Education) repayment plan.
Courts halt parts of President Biden’s student loan repayment plan
Tue Jun 25, 2:18pm UTC
https://www.siliconvalley.com/2024/06/25/courts-halt-parts-of-president-bidens-student-loan-repayment-plan/
> Washington — Two federal court judges in Kansas and Missouri have paused parts of a student loan repayment plan that the Biden administration launched last year, which lowers borrowers’ monthly payments and provides a faster route to debt forgiveness.
> Two lawsuits filed by Republican-led states argue that the Biden administration overstepped its authority when it implemented the SAVE (Saving on a Valuable Education) repayment plan.