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Millions of student loan payments paused after court halts Biden’s plan

  • The Department of Education paused student loan payments for 8 million borrowers after a federal appeals court blocked the Biden administration's repayment plan.
  • Education Secretary Miguel Cardona stated that borrowers in the SAVE Plan will enter interest-free forbearance as the administration defends the plan in court.
  • The 8th US Circuit Court of Appeals halted the SAVE Plan in a one-sentence order, pending further decisions.
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CNNCNN

Student loan payments will be paused for 8 million borrowers after appeals court temporarily halts Biden’s repayment plan

The Department of Education will pause student loan payments for 8 million borrowers after a federal appeals court temporarily blocked a repayment plan that the Biden administration launched last year.

·Atlanta, United States
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KIFIKIFI

Student loan payments will be paused for 8 million borrowers after appeals court temporarily halts Biden’s repayment plan

By Katie Lobosco, CNN Washington (CNN) — The Department of Education will pause student loan payments for 8 million borrowers after a federal appeals court temporarily blocked a repayment plan that the Biden administration launched last year. The fate of the plan, known as SAVE (Saving on a Valuable Education), is in flux as courts across the country consider two legal challenges brought by several Republican-led states. “Borrowers enrolled in t…

·Idaho Falls, United States
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KRDOKRDO

Student loan payments will be paused for 8 million borrowers after appeals court temporarily halts Biden’s repayment plan

By Katie Lobosco, CNN Washington (CNN) — The Department of Education will pause student loan payments for 8 million borrowers after a federal appeals court temporarily blocked a repayment plan that the Biden administration launched last year. The fate of the plan, known as SAVE (Saving on a Valuable Education), is in flux as courts across the country consider two legal challenges brought by several Republican-led states. “Borrowers enrolled in t…

·Colorado Springs, United States
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CNBCCNBC

Education Department to pause student loan payments for millions amid legal battle

The U.S. Department of Education says it will pause millions of student loan borrowers payments while it defends its SAVE repayment plan against legal challenges.

·United States
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KVIAKVIA

Student loan payments will be paused for 8 million borrowers after appeals court temporarily halts Biden’s repayment plan

By Katie Lobosco, CNN Washington (CNN) — The Department of Education will pause student loan payments for 8 million borrowers after a federal appeals court temporarily blocked a repayment plan that the Biden administration launched last year. The fate of the plan, known as SAVE (Saving on a Valuable Education), is in flux as courts across the country consider two legal challenges brought by several Republican-led states. “Borrowers enrolled in t…

·Panama City, United States
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The HillThe Hill

Millions of student loan payments paused after court halts Biden’s plan

Millions of student loan borrowers will have their loan payments paused after a court ruled to halt President Biden’s Saving on Valuable Education (SAVE) plan.  “Borrowers enrolled in the SAVE Plan will be placed in an interest-free forbearance while our Administration continues to vigorously defend the SAVE Plan in court,” Education Secretary Miguel Cardona posted…

·Washington, United States
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