Appeals court blocks Biden’s student loan repayment plan
7/19/24
< < Go Back
from The Washington Post,
7/18/24:
In response, the administration said it will put the 8 million borrowers’ loans in the Save program in interest-free forbearance
A federal appeals court on Thursday blocked President Biden’s new student loan repayment plan, leaving millions of borrowers enrolled in the cost-cutting program in the lurch.
The decision follows a whiplash of rulings last month in two separate Republican-led lawsuits seeking to end the Saving on a Valuable Education program, commonly known as Save. The flurry of orders from the cases has created chaos for borrowers who want to enroll in the plan or who are already signed up and need to know what their monthly bill will be.
More From The Washington Post (subscription required):
Rss Feed