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A federal court has now blocked Biden's new student-loan repayment plan in full, prohibiting borrowers from getting cheaper payments and debt cancellation

The 8th Circuit Appeals Court blocked the SAVE student-loan repayment plan in its entirety, forcing borrowers to once again wait on cheaper payments.

By: Business Insider

Jul 23 2024
4
154 Views

A federal court has now blocked Biden's new student-loan repayment plan in full, prohibiting borrowers from getting cheaper payments and debt cancellation — A federal court has now blocke

A federal court blocked the SAVE student-loan repayment plan in its entirety.Paul Morigi/Getty Images for Care Can't Wait Action

The 8th Circuit on Thursday blocked the SAVE student-loan rep… [+3039 chars]
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