With Biden's SAVE Plan on Hold, What's Next for Student Debt Relief?

South Africa News News

With Biden's SAVE Plan on Hold, What's Next for Student Debt Relief?
South Africa Latest News,South Africa Headlines
  • 📰 AllSidesNow
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

See multiple perspectives from CNBC, Washington Examiner, and Washington Post at AllSides.com.

The future of the Biden administration’s Saving on a Valuable Education loan repayment plan is uncertain after two federal judges temporarily blocked parts of the program earlier this week. The rulings restrict the Biden administration's authority to forgive student debt under the program and halt the proposed lowering of borrowers' payments on the plan until the lawsuits are resolved.

Biden launched the Saving on a Valuable Education program, commonly known as Save, last fall as millions of Americans resumed student loan payments after a pandemic-triggered hiatus of more than three years. The new plan offered lower monthly payments and a faster path to loan cancellation. More than 8 million people are enrolled, with debts...

Responding to lawsuits filed by a pair of Republican attorneys general, federal judges in Missouri and Kansas ruled this week that Biden’s Saving on a Valuable Education program cannot be fully implemented, temporarily pausing major elements until the case is decided.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

AllSidesNow /  🏆 572. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Live updates: Hallie Biden, Beau Biden’s widow, completes testimony in Hunter Biden gun trialLive updates: Hallie Biden, Beau Biden’s widow, completes testimony in Hunter Biden gun trialHunter Biden faces three felony charges related to a gun he purchased in 2018. His trial began Monday in Delaware.
Read more »

Live updates: Hallie Biden, Beau Biden’s widow, describes Hunter Biden’s drug useLive updates: Hallie Biden, Beau Biden’s widow, describes Hunter Biden’s drug useHunter Biden faces three felony charges related to a gun he purchased in 2018. His trial began Monday in Delaware.
Read more »

Hunter Biden gun trial: Beau Biden's widow Hallie Biden testifies about crack useHunter Biden gun trial: Beau Biden's widow Hallie Biden testifies about crack useThe Hunter Biden trial comes after former President Donald Trump was found guilty on 34 felony counts of falsifying business records.
Read more »

Hunter Biden gun trial: Beau Biden's widow Hallie Biden testifies about crack useHunter Biden gun trial: Beau Biden's widow Hallie Biden testifies about crack useThe Hunter Biden trial comes after former President Donald Trump was found guilty on 34 felony counts of falsifying business records.
Read more »

Hunter Biden trial live updates: Hallie Biden testifies about drug addictions that rocked the Biden familyHunter Biden trial live updates: Hallie Biden testifies about drug addictions that rocked the Biden familyThis is additional taxonomy that helps us with analytics
Read more »

Hallie Biden, James Biden among witnesses in Hunter Biden's gun trialHallie Biden, James Biden among witnesses in Hunter Biden's gun trialMembers of the Biden family will take the stand in the federal gun crime trial of Hunter Biden, attorneys told the court on Tuesday.
Read more »



Render Time: 2025-02-25 04:14:59