The Supreme Court of the United States denied the Biden-Harris administration’s attempt to revive certain components of its new student loan relief scheme.
On Wednesday, the Supreme Court of the United States denied the Biden-Harris administration's attempt to revive certain components of its new student loan relief scheme that had previously been barred by a federal appeals court. There were no noted dissidents.
The decision came after the high court decided last year that the Biden administration had overreached its powers by attempting to forgive more than $400 billion in student loans.
This time, President Biden and VP Harris put together a less ambitious student loan repayment plan that would slash monthly payments and quicken the path to loan forgiveness. However, critics said it would still wipe out hundreds of billions of dollars of student debt, the New York Times reported.
The high court ruled against them once again.
In a ruling, SCOTUS wrote: "The application to vacate injunction presented to Justice Kavanaugh and by him referred to the Court is denied. The Court expects that the Court of Appeals will render its decision with appropriate dispatch."
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View on XThe SAVE plan had been the subject of numerous challenges from Republican-led states, including a lawsuit filed in the US Court of Appeals for the Eighth Circuit in St. Louis earlier this summer. The court issued a broad stay on the loan plan while it assessed the merits of the case.
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