Supreme Court won't reinstate Biden's new student debt plan
Source: The Hill
08/28/24 2:22 PM ET
The Supreme Court on Wednesday discarded the Biden administration’s request to temporarily reinstate its new student debt plan that would lower payments for millions of borrowers.
The Justice Department’s emergency appeal asked the Supreme Court to lift a lower ruling currently halting Biden’s plan as a legal challenge proceeds. The order had no public dissents.
It is not a final ruling, and the legality of the plan could ultimately return to the high court.
“The Court expects that the Court of Appeals will render its decision with appropriate dispatch,” reads one of the two orders declining to take up the cases at this time.
Read more: https://thehill.com/regulation/court-battles/4852087-supreme-court-biden-student-debt/
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Then i fully AGREE! 
By Katie Lobosco, CNN
Published 9:57 AM EDT, Fri July 19, 2024
Washington CNN — The Department of Education will pause student loan payments for 8 million borrowers after a federal appeals court temporarily blocked a repayment plan that the Biden administration launched last year.
The fate of the plan, known as SAVE (Saving on a Valuable Education), is in flux as courts across the country consider two legal challenges brought by several Republican-led states.
“Borrowers enrolled in the SAVE Plan will be placed in an interest-free forbearance while our administration continues to vigorously defend the SAVE Plan in court,” Education Secretary Miguel Cardona said in a statement.
Payments are not required during a forbearance, but a borrower is not making any progress toward paying down their debt. “The department will be providing regular updates to borrowers affected by these rulings in the coming days,” Cardona said.
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https://www.cnn.com/2024/07/19/politics/student-loan-save-plan-payments-paused/index.html
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