US supreme court will not reinstate Biden’s student loan repayment plan
by Maya Yang and agency from on (#6QADD)
Ruling on multibillion-dollar Save program, which aims to lower monthly payments, has no immediate effect on borrowers
The US supreme court decided on Wednesday that it will not reinstate the Biden administration's multibillion-dollar student loan repayment plan, Save, which aims to lower monthly payments for millions of borrowers.
The plan was blocked by a federal appeals court earlier this summer as a result of a legal challenge led by several Republican states.
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