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Appeals Court Extends GOP-Led Block on Biden’s SAVE Student Loan Repayment Plan

HeadlineAug 12, 2024

A federal appeals court extended a block on the Biden administration’s student debt relief plan known as SAVE, which lowers monthly payments for millions and accelerates debt cancellation for some borrowers who had taken out smaller loans. Before it was put on hold, the SAVE program had already canceled $5.5 billion for over 400,000 borrowers.

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