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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Leaning Left5Leaning Right4Center10Last UpdatedBias Distribution53% Center