TBA Law Blog


Posted by: Azya Thornton on Aug 14, 2024

The Biden administration has asked the U.S. Supreme Court to reinstate its latest student loan forgiveness plan, known as the Saving on a Valuable Education (SAVE) Plan. The emergency appeal, filed on Tuesday, seeks to overturn the U.S. 8th Circuit Court of Appeals' extended block on the student debt relief plan. U.S. Solicitor General Elizabeth Prelogar argued that the SAVE Plan, which aims to reduce monthly student loan payments for millions of borrowers, falls within the Department of Education’s established authority to regulate income-contingent repayment plans, The Hill reports.