{"id":2291446,"date":"2024-07-09T19:22:01","date_gmt":"2024-07-09T23:22:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/gop-led-states-ask-supreme-court-to-review-biden-student-loan-plan-washington-examiner\/"},"modified":"2024-07-09T19:26:54","modified_gmt":"2024-07-09T23:26:54","slug":"gop-led-states-ask-supreme-court-to-review-biden-student-loan-plan-washington-examiner","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/gop-led-states-ask-supreme-court-to-review-biden-student-loan-plan-washington-examiner\/","title":{"rendered":"GOP-led states ask Supreme Court to review Biden student loan plan – Washington Examiner"},"content":{"rendered":"

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A trio of \u200dRepublican-led \u200bstates has asked the Supreme Court \u2062to review the Biden administration’s plan\u200c to\u200b reduce\u2062 student debt repayments for millions of borrowers. The plan, known\u2062 as the Saving on\u200b a Valuable Education (SAVE) Plan, aims to lower monthly payments<\/a> for lower-income borrowers and provide a faster route to debt forgiveness. The challenge comes after the U.S. Court\u200b of Appeals for the 10th Circuit lifted a \u200btemporary halt on the plan\u2063 and just months before the 2024 presidential\u2063 election. The states argue that Congress has not authorized the administration to forgive such a large amount of student loans. Around 8 million people are \u2063enrolled in the SAVE Plan, with nearly \u200d3 million expected\u2064 to begin lower payments as of July 1. The plan takes into \u200caccount\u200d monthly payments based on income and family \u2063size, with most borrowers never fully repaying their loans, ultimately placing the burden on taxpayers. <\/p>\n

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