The Supreme Court declined Wednesday to unblock President Joe Biden’s income-driven student loan repayment program.
In a brief order, the Supreme Court rejected the Biden administration’s request to reinstate the program after it was pausedby a federal appeals court. The Saving on a Valuable Education (SAVE) plan, which lowers monthly loan payments based on income and creates a faster path to loan forgiveness, was challenged by a group of red states.
“The Court expects that the Court of Appeals will render its decision with appropriate dispatch,” the Wednesday order states.
In June 2023, the Supreme Court blocked a separate plan by the Biden administration to grant student loan forgiveness to nearly 40 million Americans using executive power.
This is a breaking news story and will be updated.
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