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Biden’s Student-Loan Forgiveness Plan Temporarily Halted

Posted on AllSides June 25th, 2024
From The Right
Kevin Lamarque/Reuters

President Biden’s latest iteration of his student-loan “forgiveness” plan has been temporarily blocked, as two federal judges sided with multiple Republican states in ruling that only Congress holds the authority to erase student debt.

Both preliminary injunctions were filed Monday, prohibiting the Biden administration from canceling student loans under the Saving on a Valuable Education (SAVE) repayment program. It was set to take effect July 1. The pair of orders are a victory for Kansas and Missouri, both of which led multistate lawsuits against implementation of the SAVE plan this spring.

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