{"id":2287820,"date":"2024-07-02T09:46:59","date_gmt":"2024-07-02T13:46:59","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-student-loan-plan-bailed-out-for-now-washington-examiner\/"},"modified":"2024-07-02T09:51:04","modified_gmt":"2024-07-02T13:51:04","slug":"biden-student-loan-plan-bailed-out-for-now-washington-examiner","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-student-loan-plan-bailed-out-for-now-washington-examiner\/","title":{"rendered":"Biden student loan plan bailed out \u2014 for now &#8211; Washington Examiner"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbiden-student-loan-plan-bailed-out-for-now-washington-examiner%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2287820&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>The article discusses President Joe Biden&#8217;s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/browbeating-the-white-house-stacey-abrams-warnock-pushing-biden-on-student-loan-forgiveness-to-fire-up-base-report\/\" title=\"\u2018Browbeating The White House\u2019: Stacey Abrams, Warnock Pushing Biden On Student Loan Forgiveness To Fire Up Base: Report\">student loan forgiveness plan<\/a>, specifically the\u200d SAVE Plan, which aims to\u200d make debt repayment more affordable for \u2064low- and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-student-loan-amnesty-specifically-benefits-d-c-staffers\/\" title=\"Biden Student Loan Amnesty Specifically Benefits D.C. Staffers\">middle-income borrowers<\/a>. After an appeals court ruling, \u200dparts of the plan can\u200b now move forward, allowing millions of borrowers to make lower debt payments. The U.S. Court of Appeals for the 10th Circuit ordered\u200c <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/betsy-mccaughey-bidens-racism\/\" title=\"Betsy McCaughey: Biden&#039;s Racism\">lower payments<\/a> on undergraduate student loans for about 3 million\u2062 borrowers.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><br \/>\n<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\"><br \/>\n<?xml encoding=\"utf-8\" ?><html><body><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><a class=\"tdb-logo-a\" href=\"https:\/\/www.washingtonexaminer.com\/\" title=\"Washington Examiner\"><span class=\"tdb-logo-img-wrap\"><\/span><span class=\"tdb-logo-text-wrap\"><span class=\"tdb-logo-text-title\">Washington Examiner<\/span><\/span><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\">\n<div class=\"tdb-search-form-inner\"><input class=\"tdb-head-search-form-input\" placeholder=\" \" type=\"text\" value name=\"s\" autocomplete=\"off\"><button class=\"wpb_button wpb_btn-inverse btn tdb-head-search-form-btn\" title=\"Search\" type=\"submit\"><span>Search<\/span><\/button><\/div>\n<\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><a class=\"tdb-logo-a\" href=\"https:\/\/www.washingtonexaminer.com\/\" title=\"Washington Examiner\"><span class=\"tdb-logo-img-wrap\"><\/span><span class=\"tdb-logo-text-wrap\"><span class=\"tdb-logo-text-title\">Washington Examiner<\/span><\/span><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Biden student loan plan bailed out \u2014 for now<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-author-name-wrap\"><span class=\"tdb-author-by\">By<\/span> <a class=\"tdb-author-name\" href=\"https:\/\/www.washingtonexaminer.com\/author\/rokeefe\/\">Ross O&#8217;Keefe<\/a><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><time class=\"entry-date updated td-module-date\" datetime=\"2024-07-02T08:45:12-04:00\">July 2, 2024 8:45 am<\/time><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_1692821\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>A portion of President <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/joe-biden\/\" target=\"_blank\" rel=\"noopener\" title>Joe Biden\u2019s<\/a> student loan <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/student-loans\/\" target=\"_blank\" rel=\"noopener\" title>forgiveness<\/a> plan can go forward after an appeals <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/courts\/\" target=\"_blank\" rel=\"noopener\" title>court<\/a> ruling, which will allow millions of borrowers to make lower debt payments.<\/p>\n<p>The Saving on a Valuable Education, or SAVE, Plan is aimed at making debt repayment more affordable for low- and middle-income borrowers. Federal judges in Kansas and Missouri stalled parts of its implementation on June 24. <\/p>\n<p>The U.S. Court of Appeals for the 10th Circuit ordered the SAVE Plan\u2019s lower payments on undergraduate student loans for about 3 million people to proceed, granting an emergency stay of the Kansas court\u2019s injunction in a June 30 decision.<\/p>\n<p>A Missouri court injunction, which halted debt-cancellation efforts, wasn\u2019t affected.<\/p>\n<p>Parts of the SAVE plan aren\u2019t affected by the lawsuits, like its relief for those whose debt balances are rising due to unpaid interest. <\/p>\n<p>The injunctions could risk the result of the plan being struck down by the courts, like how the Supreme Court struck down Biden\u2019s first plan.<\/p>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/\" target=\"_blank\" rel=\"noopener\" title><strong>CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER<\/strong><\/a><\/p>\n<p>Biden\u2019s plan to cancel billions of dollars in student debt was a cornerstone of his 2020 presidential campaign. His initial attempt to wipe out up to $20,000 for millions of borrowers was swatted down by the Supreme Court. <\/p>\n<p>The president faces outcry from within his party on whether he should stay in the 2024 presidential race after his <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/for-biden-the-debate-stakes-couldnt-be-higher-washington-examiner\/\" title=\"For Biden, the debate stakes couldn\u2019t be higher - Washington Examiner\">poor debate performance<\/a> last week.<\/p>\n<p> <script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script>!function(){var g=window;g.googletag=g.googletag||{},g.googletag.cmd=g.googletag.cmd||[],g.googletag.cmd.push(function(){g.googletag.pubads().setTargeting(\"has-featured-video\",\"true\")})}();<\/script><script>var _bp=_bp||[];_bp.push({\"div\":\"Brid_1692821\",\"obj\":{\"id\":\"27789\",\"width\":\"1280\",\"height\":\"720\",\"stickyDirection\":\"below\",\"video\":\"1692821\"}});<\/script><script defer src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><a class=\"tdb-logo-a\" href=\"https:\/\/www.washingtonexaminer.com\/\" title=\"Washington Examiner\"><span class=\"tdb-logo-img-wrap\"><\/span><span class=\"tdb-logo-text-wrap\"><span class=\"tdb-logo-text-title\">Washington Examiner<\/span><\/span><\/a><\/div>\n<p><\/body><\/html><\/p>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>An appeals court ruling has allowed a portion of President Joe Biden&#8217;s student loan forgiveness plan, known as the SAVE Plan, to move forward. This plan aims to make debt repayment more affordable for low- and middle-income borrowers by allowing them to make lower debt payments. The U.S. Court of Appeals for the 10th Circuit granted an emergency stay of a Kansas court injunction, allowing lower payments on undergraduate student loans for about 3 million people. However, a Missouri court injunction still remains in place. Parts of the SAVE plan, such as relief for those with rising debt balances due to unpaid interest, are not affected by the lawsuits. The injunctions could potentially lead to the plan being struck down by the courts, similar to Biden&#8217;s previous student loan forgiveness plan that was rejected by the Supreme Court. Biden&#8217;s plan to cancel billions of dollars in student debt was a key promise of his 2020 presidential campaign, but he has faced criticism from within his party following a poor debate performance<\/p>\n","protected":false},"author":1,"featured_media":2287821,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/07\/Joe-biden-smile.webp","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[8384,3620,4025,32783,32076],"class_list":["post-2287820","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-bailout","tag-biden","tag-plan","tag-student-loans","tag-washington-examiner"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/07\/Joe-biden-smile.webp","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2287820","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2287820"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2287820\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2287821"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2287820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2287820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2287820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}