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Courts halt parts of Biden’s student loan repayment plan

  • Significant parts of President Joe Biden's new student loan repayment plan have been temporarily halted by two federal judges in Kansas and Missouri, jeopardizing debt relief for millions of Americans.
  • The rulings prevent the U.S. Department of Education from implementing major provisions of the Saving on a Valuable Education, or SAVE, plan.
  • Education Secretary Miguel Cardona is prevented from forgiving more debt under the new income-driven repayment plan and reducing borrowers' payments in July, as planned.
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