Biden stung by student loan legal loss days before taking effect

www.newsweek.com

131

Biden stung by student loan legal loss days before taking effect

www.newsweek.com

@return2ozma to

News • 5 months ago

The Saving on a Valuable Education (SAVE) plan had been set to take effect on July 1.

A Republican-led effort to block one of President Joe Biden’s student loan debt relief programs in court has succeeded just days before it was set to go into effect.

Decisions by U.S. District Judges John Ross in Missouri and Daniel Crabtree in Kansas, both appointees of former President Barack Obama, on Monday sided with GOP state attorneys general in thwarting Biden’s Saving on a Valuable Education (SAVE) plan, according to Reuters.

The SAVE plan, which was set to go into effect on July 1, was initially announced by Biden in 2022 alongside a since-canceled larger plan that would have erased up to $20,000 in student loan debt for tens of millions of borrowers.

Chat

bean
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0•5 months ago
They did start to clean some of that up actually.
- @NotMyOldRedditName
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  2•
  edit-2
  5 months ago
  That’s nice to hear. Was worried they’d somehow stop that one too.
  - bean
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    -1•5 months ago
    Don’t worry, just vote Dem 🙈

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