Biden's student loan relief plan is blocked by federal appeals court.

Biden's student loan relief plan is blocked by federal appeals court.
Biden's student loan relief plan is blocked by federal appeals court.
  • On Thursday, a federal appeals court temporarily stopped the Biden administration from implementing its new student loan repayment plan, called SAVE.

On Thursday, a federal appeals court temporarily stopped the Biden administration from implementing its new student loan repayment plan, called SAVE.

The Education Department is evaluating the effects of this ruling and will communicate any changes directly to borrowers.

Higher education expert Mark Kantrowitz stated that the 8th Circuit Court of Appeals appears to have thwarted the entire SAVE plan.

Currently, the entire plan is on hold due to a surge of legal challenges to the relief program.

This is breaking news. Please refresh for updates.

by Annie Nova

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