Supreme Court to Decide Fate of Biden's SAVE Student Loan Plan
Federal appeals court's broad injunction halts student loan forgiveness programs, prompting emergency appeal to the Supreme Court.
- The 8th Circuit Court's injunction blocks the SAVE plan and other unrelated student loan forgiveness programs.
- The Education Department's request for clarification on the scope of the injunction was denied.
- The Biden administration has filed an emergency appeal to the Supreme Court to lift the injunction.
- Millions of borrowers enrolled in the SAVE plan are in forbearance, halting their loan forgiveness progress.
- Legal experts predict a prolonged legal battle, leaving borrowers in uncertainty.
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