Millions of Americans face renewed uncertainty after the Supreme Court’s right-wing majority halted President Joe Biden’s student debt relief plan. The court’s decision supports a lower court’s suspension of the Saving on a Valuable Education (SAVE) program. That had cut monthly payments for borrowers based on income. This move fol...
The Biden administration has paused payments for eight million borrowers enrolled in the Saving on a Valuable Education (SAVE) plan. This is in response to a court’s temporary block on the student debt relief program. Secretary of Education Miguel Cardona criticized the court’s decision, which he says could have severe effects on ...