Supreme Court Declines To Unblock Biden’s Student Loan Plan

The Supreme Court declined Wednesday to unblock President Joe Biden’s income-driven student loan repayment program.

In a brief order, the Supreme Court rejected the Biden administration’s request to reinstate the program after it was paused by a federal appeals court. The Saving on a Valuable Education (SAVE) plan, which lowers monthly loan payments based on income and creates a faster path to loan forgiveness, was challenged by a group of red states.

“The Court expects that the Court of Appeals will render its decision with appropriate dispatch,” the Wednesday order states.

The Biden administration argued the appeals court’s injunction “severely harmed millions of borrowers and the Department by blocking long-planned changes and creating widespread confusion and uncertainty.”

Republican Missouri Attorney General Andrew Bailey, who led the states that sued, wrote on X that the Supreme Court’s order was a “huge victory for the working Americans who won’t have to foot the bill for the Biden-Harris Ivy League bailout.”