Supreme Court Blocks Biden's SAVE Student Debt Plan

none the Supreme Court has temporarily blocked the Biden administration's save student loan forgiveness plan this decision leaves millions of borrowers uncertain about their future loan payments the Court's action upholds a lower Court's ruling which had already put the plan on hold due to ongoing legal challenges introduced earlier this year the save plan aimed to lower monthly payments based on income and offer quicker loan forgiveness especially for smaller balances the Biden Administration claims this program is within its Authority Under existing education laws however several republican-led states have opposed the plan arguing it's too costly and exceeds the administration's power as these legal battles continue the program remains on hold leaving many borrowers who were hoping for relief in a state of limbo stay tuned for more updates on this developing story