The U.S. Supreme Court on Wednesday rejected the Biden administration’s request to revive its latest federal student loan debt relief plan. In a brief order, the court denied the administration’s emergency request to lift a nationwide injunction imposed by a lower appeals court. There were no notable dissents among the justices, who are mostly conservative. In July 2023, the Department of Education issued regulations for its Saving on a Valuable Education (SAVE) plan, a month after the Supreme Court ruled that the government lacked the authority to implement a previous student loan forgiveness program. Like the previous plan, the new … Continue reading Supreme Court Blocks Biden’s $475 Billion Student Debt Relief Plan—Millions of Borrowers Left in Limbo