Court Rulings Disrupt Biden's Student Loan Repayment Plan
Temporary injunctions halt key aspects of the SAVE Plan, causing confusion for millions of borrowers.
- Federal appeals court allows part of the SAVE Plan to proceed, reducing monthly payments for some borrowers.
- Three million borrowers placed in forbearance due to ongoing legal challenges.
- Republican-led states' lawsuits argue Biden administration overstepped its authority.
- Borrowers face uncertainty as Education Department navigates conflicting court orders.
- Advocates warn of chaos in the student loan system amid frequent policy changes.