President Joe Biden delivers remarks on new Administration efforts to cancel student debt and support borrowers at the White House on October 04, 2023 in Washington, DC.
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A federal appeals court on Thursday issued an order temporarily halting the Biden administration from implementing its new student loan repayment plan, known as SAVE.
“We are assessing the impacts of this ruling and will be in touch directly with borrowers with any impacts that affect them,” an Education Department spokesperson said.
The 8th Circuit Court of Appeals seems to have blocked the entire SAVE plan, said higher education expert Mark Kantrowitz.
Previously, only part of the plan was on hold amid a flurry of legal challenges to the relief program.
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