Wednesday, August 28, 2024

US supreme court declines to lift block on Biden’s student loan repayment plan

The US supreme court has decided against lifting the block on President Biden's student loan repayment plan. The plan, paused due to legal challenges, would lower monthly payments and expedite loan forgiveness. Borrowers in the SAVE program are currently in interest-free forbearance, while the legal proceedings continue in lower courts to determine the plan's future.

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