{"id":2299575,"date":"2024-07-18T15:32:02","date_gmt":"2024-07-18T19:32:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/appeals-court-blocks-biden-student-loan-forgiveness-save-plan-washington-examiner\/"},"modified":"2024-07-18T15:37:40","modified_gmt":"2024-07-18T19:37:40","slug":"appeals-court-halts-bidens-student-loan-forgiveness-plan-washington-examiner","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/appeals-court-halts-bidens-student-loan-forgiveness-plan-washington-examiner\/","title":{"rendered":"Appeals court halts Biden&#8217;s student loan forgiveness plan &#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\">22<\/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%2Fappeals-court-halts-bidens-student-loan-forgiveness-plan-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=2299575&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>A federal appeals court has temporarily blocked the Biden administration&#8217;s student \u200cloan forgiveness plan that\u200d seeks to lower payments for over 8 \u2062million borrowers. The Saving on a Valuable Education Plan \u2064was created to offer affordable payment plans and pathways to student loan\u2064 forgiveness at taxpayers&#8217; expense. The court issued an emergency stay in \u2062response to a motion filed by Missouri and other Republican-led states, arguing the plan\u200d is unconstitutional. Meanwhile, another dispute against\u200b the plan has made progress in the legal pipeline. The \u200bBiden administration has asked the Supreme Court to allow them to continue lowering monthly student loan payments for around\u2064 3 million 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\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/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\"><\/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\/\"><\/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\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Appeals court blocks Biden student loan forgiveness SAVE Plan<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_1658289\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>A federal appeals court on Thursday temporarily blocked the <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/joe-biden\/\" target=\"_blank\" rel=\"noreferrer noopener\">Biden administration&rsquo;s<\/a> <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/student-loans\/\" target=\"_blank\" rel=\"noopener\" title>student loan forgiveness<\/a> plan, which seeks to lower payments for more than 8 million borrowers.<\/p>\n<p>President <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/joe-biden\/\" target=\"_blank\" rel=\"noopener\" title=\"Joe Biden\">Joe Biden<\/a>&lsquo;s Saving on a Valuable Education Plan is the latest income-driven repayment program that intends to offer affordable payment plans and pathways to student loan forgiveness at taxpayers&rsquo; expense. The Department of Education debuted the SAVE Plan last year in response to the Supreme Court&rsquo;s decision to strike down a previous plan to forgive up to $20,000 of debt for millions of borrowers.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">President Joe Biden departs after delivering remarks on student loan debt at Madison College, Monday, April 8, 2024, in Madison, Wisconsin. (AP Photo\/Evan Vucci)<\/figcaption><\/figure>\n<p>On Thursday, the U.S. Court of Appeals for the 8th Circuit issued an emergency administrative stay, which blocks the Biden administration from implementing or acting on the plan until a ruling is made on an injunction pending appeal, <a href=\"https:\/\/storage.courtlistener.com\/recap\/gov.uscourts.ca8.109302\/gov.uscourts.ca8.109302.805045608.0.pdf\" target=\"_blank\" rel=\"noopener\" title>according to<\/a> court records.<\/p>\n<p>The emergency stay came in response to a motion filed by Missouri and other Republican-led states. The states argue that the SAVE Plan is unconstitutional and requires immediate intervention by courts, <a href=\"https:\/\/www.washingtonexaminer.com\/news\/3075328\/gop-led-states-ask-supreme-court-to-review-biden-student-loan-plan\/\" target=\"_blank\" rel=\"noopener\" title>including another review<\/a> of the new plan by the Supreme Court.<\/p>\n<p>&ldquo;The Court granted our emergency motion to BLOCK Joe Biden&rsquo;s entire illegal student loan plan, which would have saddled working Americans with <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-threw-open-door-to-abortion-funding-in-first-100-days-report-says\/\" title=\"Biden Threw Open Door to Abortion Funding in First 100 Days, Report Says\">half-a-trillion dollars<\/a> in Ivy League debt,&rdquo; said Missouri Attorney General Andrew Bailey, adding it marked a &ldquo;HUGE win for every American who still believes in paying their own way.&rdquo;<\/p>\n<p>Meanwhile, a separate dispute against the SAVE Plan has made more progress down the legal pipeline. Earlier this month, the U.S. Court of Appeals for the 10th Circuit granted the Biden administration&rsquo;s request to pause an injunction against the plan by a Kansas federal court. That decision allowed the Education Department to move forward with lowering payments under the SAVE Plan, and three states &mdash; Alaska, Texas, and South Carolina &mdash; have appealed that ruling to the Supreme Court.<\/p>\n<p>The Biden administration asked the Supreme Court on Wednesday to allow it to continue lowering monthly student loan payments for around 3 million borrowers enrolled in the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bidens-education-secretary-under-fire-over-potential-for-fraud-in-student-loan-bailout-scheme\/\" title=\"Biden&#039;s Education Secretary faces criticism for possible fraud in student loan bailout plan.\">student loan repayment plan<\/a>.<\/p>\n<p>Solicitor General Elizabeth Prelogar argued in her brief to the nine justices that &ldquo;widespread harm&rdquo; would occur to borrowers if the Supreme Court sides with the states challenging the program.<\/p>\n<p>&ldquo;To revert to the pre-SAVE plan approach, the Department and its servicers would have to reprogram their systems, retrain their staff, and recalculate monthly payments,&rdquo; Prelogar wrote, arguing that the Education Department would also face harm.<\/p>\n<p>Despite setbacks in court, Biden has <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-faces-fresh-political-peril-with-latest-student-loans-lawsuit\/\" title=\"Biden encounters new political risks due to recent student loans lawsuit\">aggressively pursued student debt transfers<\/a> even without congressional support. His original plan would have written off at least $400 billion of debt. The Penn Wharton Budget Model&nbsp;<a href=\"https:\/\/budgetmodel.wharton.upenn.edu\/issues\/2023\/7\/17\/biden-income-driven-repayment-budget-update\" target=\"_blank\" rel=\"noreferrer noopener\">estimated<\/a>&nbsp;that SAVE could add $475 billion to the national debt over 10 years.<\/p>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong><\/strong><\/a><\/p>\n<p>Since the plan was launched last year, around 8 million people have enrolled and nearly 4.6 million of them have zero dollars in monthly payments.<\/p>\n<p>Those enrolled in SAVE can still benefit while litigation continues, though the program is not accepting new enrollees at this time. Borrowers eligible for the plan&rsquo;s benefits must first make a certain number of payments, <a href=\"https:\/\/studentaid.gov\/announcements-events\/save-plan\" target=\"_blank\" rel=\"noopener\" title>according to<\/a> an information web page.<a href=\"https:\/\/x.com\/AGAndrewBailey\/status\/1813993241349669089\"><\/a><\/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_1658289\",\"obj\":{\"id\":\"27789\",\"width\":\"1280\",\"height\":\"720\",\"stickyDirection\":\"below\",\"video\":\"1658289\"}});<\/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\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>An appeals court has temporarily halted President Biden&#8217;s student loan forgiveness plan, known as the Saving on a Valuable Education Plan, which aims to lower payments for over 8 million borrowers. The court issued an emergency stay in response to a motion filed by Republican-led states, arguing that the plan is unconstitutional. Despite setbacks in court, Biden has continued to push for student debt relief, with his original plan estimated to write off at least $400 billion in debt. The program has enrolled around 8 million people since its launch last year, with nearly 4.6 million having zero monthly payments<\/p>\n","protected":false},"author":2633,"featured_media":2299576,"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\/AP24162576142911.webp","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[32324,3620,35497,32783],"class_list":["post-2299575","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-appeals-court","tag-biden","tag-loan-forgiveness","tag-student-loans"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/07\/AP24162576142911.webp","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2299575","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\/2633"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2299575"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2299575\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2299576"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2299575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2299575"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2299575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}