The Supreme Court has temporarily halted the amended version of Joe Biden's student debt relief plan that was denied in 2023.
The 2023 plan was ruled unconstitutional in a 6-3 vote along idealogical lines, with the majority claiming the amount of assistance was too “significant.” The Biden administration responded by introducing the Saving on Valuable Education, or SAVE, plan last fall. The plan provided relief to specific groups of borrowers, including people receiving disability benefits, those working in public service sectors, and others enrolled in select relief programs already.
“The application to vacate injunction presented to Justice Kavanaugh and by him referred to the Court is denied,” the court order reads. “The Court expects that the Court of Appeals will render its decision with appropriate dispatch.”While the fate of the plan sits in legal purgatory, the Department of Education has attempted to make borrowers a little less miserable by placing borrowers in an interest-free forbearance.
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