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.
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Lynn Cavanaugh
Lynn Varacalli Cavanaugh is Senior Editor, Retirement at BenefitsPRO. Prior, she was editor-in-chief of the What's New in Benefits & Compensation newsletter. She has worked for major firms in the employee benefits space, Vanguard and Willis Towers Watson, as well as top media companies, including Condé Nast and American Media.
