Courts Temporarily Block Student Loan Repayment Plan Designed to Provide Relief to Millions
June 26, 2024
June 26, 2024
WASHINGTON, June 26 -- The Center for Responsible Lending issued the following news release:
A pair of federal judges in Kansas and Missouri on Monday issued injunctions that temporarily halt portions of the Biden administration's new student loan repayment plan, Saving on a Valuable Education (SAVE). These rulings will delay any plans from the administration to provide millions in student debt relief under the program and significantly reduce monthly payments for millions of borrow . . .
A pair of federal judges in Kansas and Missouri on Monday issued injunctions that temporarily halt portions of the Biden administration's new student loan repayment plan, Saving on a Valuable Education (SAVE). These rulings will delay any plans from the administration to provide millions in student debt relief under the program and significantly reduce monthly payments for millions of borrow . . .