Supreme Court Blocks Biden's SAVE Program Again

The Supreme Court has denied the Biden administration's request to reinstate the latest student loan relief plan, leaving a nationwide injunction in place while litigation continues. The plan, known as the Saving on a Valuable Education (SAVE) program, aims to reduce monthly payments for borrowers and expedite loan forgiveness. The 8th U.S. Circuit Court of Appeals had previously blocked the program after multiple Republican-led states filed lawsuits challenging its legality. The administration argues the program is in line with existing laws allowing income-contingent repayment plans, while opponents claim it unlawfully shifts debt to taxpayers. The Supreme Court's unsigned order expects the appeals court to expedite its decision on the matter. This decision follows the Court's rejection of a similar loan forgiveness program last year.