After President Joe Biden filed an emergency appeal earlier this month, asking the Supreme Court to reinstate his sweeping Saving on a Valuable Education student loan forgiveness program, the high court declined to revive the SAVE plan on Wednesday, leaving 8 million borrowers in limbo.
The justices rejected the Biden administration's request to temporarily lift a lower-court ruling that temporarily blocked the student loan program from moving forward. However, it is not a final ruling on the SAVE program and the legality of the plan could ultimately return to the high court, after making their way through lower courts.
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