8th Circuit Court of Missouri temporarily halts Biden's SAVE income-driven repayment plan.

8th Circuit Court of Appeals in Missouri has blocked the implementation of President Joe Biden's Saving on a Valuable Education (SAVE) income-driven repayment plan, halting all aspects of the plan until further notice. This includes lower monthly payments and loan forgiveness after a decade of payments for federal student loan borrowers enrolled in the SAVE plan. It's unclear when the courts will issue a final ruling.

July 18, 2024
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