After killing an initial plan to wipe away $400 billion in student debt in 2023, the court has placed a temporary block on an amended approach to assist certain types of borrowers
After killing an initial plan to wipe away $400 billion in student debt in 2023, the Supreme Court has maintained a temporary block on President Joe Biden‘s newly amended approach to providing millions of borrowers with assistance.
The 2023 plan was ruled unconstitutional in a 6-3 vote along idealogical lines, with the majority claiming the amount of assistance was too “significant.” The Biden administration responded by introducing the Saving on Valuable Education, or SAVE, plan last fall. The plan provided relief to…
