The News GodThe News GodThe News God
  • Politics
    • Trump
  • News
    • Wars & Conflicts
  • Business & Finance
  • Lifestyle & Health
  • Law
  • Sports
  • Tech & Autos
  • Home & Garden
  • Videos
  • More
    • Travel & Tour
    • Education
    • Entertainment
      • Biography
      • Net Worth
      • Famous Birthdays
    • General
    • Pets
    • Blog
    • About Us
    • Disclaimer
    • Media Partners
    • Why You Need to Read Business News Everyday
    • Authors
    • Terms of Service & Privacy Policy
Reading: US court saves a portion of the Biden student loan SAVE Plan
Share
Font ResizerAa
The News GodThe News God
Font ResizerAa
  • Politics
  • News
  • Business & Finance
  • Lifestyle & Health
  • Law
  • Sports
  • Tech & Autos
  • Home & Garden
  • Videos
  • More
Search
  • Politics
    • Trump
  • News
    • Wars & Conflicts
  • Business & Finance
  • Lifestyle & Health
  • Law
  • Sports
  • Tech & Autos
  • Home & Garden
  • Videos
  • More
    • Travel & Tour
    • Education
    • Entertainment
    • General
    • Pets
    • Blog
    • About Us
    • Disclaimer
    • Media Partners
    • Why You Need to Read Business News Everyday
    • Authors
    • Terms of Service & Privacy Policy
Follow US
  • About Us
  • Authors
  • Advertise
  • Contact Us
  • Disclaimer
  • My Bookmarks
  • Terms of Use & Privacy Policy
  • Media Partners
The News God > Blog > Education > US court saves a portion of the Biden student loan SAVE Plan
Education

US court saves a portion of the Biden student loan SAVE Plan

Alfred Abaah
Last updated: July 2, 2024 10:04 am
Alfred Abaah - News Editor
July 2, 2024
Share
3 Min Read
Student loan forgives
SHARE

According to the White House, the president’s income-driven repayment could help more than 20 million borrowers.

According to a US appeals court order, President Joe Biden’s administration can proceed with executing a significant portion of a new student debt relief program that aims to reduce monthly payments for millions of Americans.

Republican-led states urged the 10th US Circuit Court of Appeals in Denver, Colorado, to put on hold an injunction issued by a judge in Kansas last week claiming the US Department of Education’s debt relief plan was unlawful.

The three-judge 10th circuit panel did not provide an explanation for its decision to issue the stay that the Democratic president’s administration had requested.

Related Posts

Learning programming
3 New Skills You Can Teach Yourself In Your Spare Time
How the new rules have affected nurseries in England?
Nigeria takes up the case of its Teesside University students expelled from the UK
Where We Can Get The Best Facilities For Essay Proofread

The SAVE Plan offers more flexible terms than the previous income-based repayment plans, such as lowering monthly payments for eligible borrowers and granting debt forgiveness to those with original principal balances of $12,000 or less after ten years.

On June 24, Wichita, Kansas, US District Judge Daniel Crabtree concluded that the Higher Education Act of 1965 did not expressly authorize the type of “unprecedented and dramatic expansion” of income-based repayment plans that was envisioned.

State attorneys’ generals from South Carolina, Texas, and Alaska had challenged the plan. Crabtree limited the scope of his ruling to enjoining only aspects of the SAVE Plan that were not already in place.

The administration briefed the 10th Circuit that Crabtree’s decision was only “technically prospective” and that, in reality, complicated software would need to be reprogrammed by the Education Department and loan servicers to compute borrowers’ new monthly payments, create bill notices, and handle payments.

The US Department of Justice argued on behalf of the administration that this effort would take months. In the meantime, many borrowers enrolled in the SAVE Plan would need to be placed in forbearance until their loans could be serviced with an accurate assessment of payment due.

Last Monday, the Education Department announced that about 3 million borrowers who were eligible for SAVE would have their monthly payments reduced and put into forbearance. During that period, no interest would be charged to those borrowers.

According to the White House, more than 20 million borrowers could benefit from the SAVE Plan. According to the administration’s May report, 8 million people have already enrolled in the SAVE Plan, including 4.6 million whose monthly payments have been reduced to $0.

Although the administration requested a stay of Crabtree’s ruling, it did not request a corresponding pause of a different injunction issued by the federal judge in Missouri, which prohibited it from providing more loan forgiveness to SAVE Plan participants.

What Gardening Teaches Kids about Responsibility
British CV Formats – How to use CV template for jobs in UK
How to write effective proposal for a research paper?
What do experts want to see in England’s curriculum review?
Distance Learning During the Pandemic
Share This Article
Facebook Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Making It Easy to Relax on Holiday Making It Easy to Relax on Holiday
Next Article Exploring THCv Gummies: Benefits and Uses

Latest Publications

Kenya Bus and Train Accident
At Least 4 Killed and Dozen Injured After Train and bus collide in central Kenya
News
August 7, 2025
Kenya Plane Crash
Six killed In Kenya’s Light Aircraft Crash
News
August 7, 2025
Valedictorian’s Mother and Tutor Caught Stealing Exam Papers
Mother and teacher steal exam papers to help student become valedictorian
News
August 5, 2025
World’s Oldest Baby Born from 30-Year-Old Frozen Embryo
World’s oldest baby born from 30-year-old frozen embryo
News
August 4, 2025
Kenyan mental health activist claims to be Elon Musk's eldest son
Kenyan mental health activist claims to be Elon Musk’s eldest son
News
August 7, 2025

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
136kSubscribersSubscribe

You Might also Like

What and How to find high-quality teaching resources for PE Courses?
Education

What and How to find high-quality teaching resources for PE Courses?

July 4, 2022
4 Things You Didn’t Know You Needed for the Exterior of Your Home
Education

How to Choose the Right Personal Trainer Certification for You

November 17, 2022
College Dorm Party Ideas
EducationEntertainmentLifestyle & Health

College Dorm Party Ideas: How To Throw the Best College Party

March 11, 2022
Advice For Aspiring Teachers
Education

Advice For Aspiring Teachers

June 15, 2022
Show More
© 2025 Thenewsgod. All Rights Reserved.
  • About
  • Contact Us
  • Terms of Use & Privacy Policy
  • Disclaimer
  • Authors
  • Media Partners
  • Videos
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?