On Thursday, a federal appeals court temporarily blocked President Biden's signature Saving on a Valuable Education (SAVE) student loan program from moving forward, just a day after he announced another round of student loan forgiveness totalling $1.2 billion for 35,000 public service workers.
On June 24, two federal judges, in Missouri and Kansas, halted parts of Biden's SAVE student loan repayment plan, which had been set to begin July 1. Thursday's ruling is the latest development in legal battles over the SAVE program, as three GOP states – Texas, South Carolina and Alaska –
asked the Supreme Court to block Biden's SAVE program in an emergency filing last week.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
