A federal appeals court has sided with Republican-controlled states to deliver another setback to Joe Biden’s student loan relief plan designed to reduce monthly payments for millions of lower-income graduates and speed up debt forgiveness for some borrowers.
A unanimous, unsigned ruling issued on Friday by three Republican-appointed judges in Missouri blocked further implementation of the Saving on a Valuable Education (Save) plan – the Department of Education’s means-tested debt relief program that is being challenged by seven Republican-led states.
The three St Louis-based eighth circuit court of appeals justices said the states bringing the challenge “have demonstrated at least a ‘fair chance’ that they will ultimately…
