Supreme Court puts Biden student loan plan on hold – Washington Examiner
The Supreme Court has temporarily supported states that have filed lawsuits to halt the Biden administration’s latest student loan forgiveness initiative. This decision was made regarding two applications coming from Missouri and Alaska, as the court considers the implications of the plan. The situation highlights the ongoing legal battles surrounding student loan policies and their implementation.
Supreme Court puts Biden student loan plan on hold
The Supreme Court on Wednesday temporarily sided with states that sued to pause the Biden administration’s latest effort to implement student loan forgiveness.
In two separate applications stemming from Missouri and Alaska, Justices Brett Kavanaugh and Neil Gorsuch, respectively, declined to vacate lower court stays on the Biden administration’s Saving on a Valuable Education, or SAVE, program after referring the matter to the full court.
The plan aimed to replace a previous effort that was shut down in court to forgive up to $20,000 in loans and would instead lower monthly payments for low-income borrowers.
Republicans have long opposed Biden’s student loan forgiveness plan, arguing it harms taxpayers who didn’t go to college and those who have already paid off their debts. Challengers said it would require spending up to $475 billion not authorized by Congress.
The decision marks a temporary blow to the Biden administration’s efforts as lower courts grapple with the legality of the new plan less than 70 days before the 2024 presidential election.
This is a developing story and will be updated.
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