Biden student loan repayment plan to resume amid legal challenges, federal appeals court rules

2 comments

1. A federal appeals court will allow a key part of President [Joe Biden](https://www.cnbc.com/joe-biden/)’s student loan relief plan to resume as the legal challenges against it unfold.

   In a Sunday ruling, 10th Circuit U.S. Court of Appeals granted the Biden administration’s request to stay an order from last week that temporarily blocked a provision of its Saving on a Valuable Education, or [SAVE](https://studentaid.gov/announcements-events/save-plan), plan.

   The decision is a major win for Biden, experts say. The SAVE plan was his biggest accomplishment to date in delivering relief to millions of student loan borrowers. So far, around [8 million borrowers](https://www.whitehouse.gov/briefing-room/statements-releases/2024/04/08/president-joe-biden-outlines-new-plans-to-deliver-student-debt-relief-to-over-30-million-americans-under-the-biden-harris-administration/) have signed up for the new income-driven repayment plan, according to the White House.

   Read more: [https://www.cnbc.com/2024/07/01/biden-student-loan-plan-to-resume-amid-legal-challenge-appeals-court.html](https://www.cnbc.com/2024/07/01/biden-student-loan-plan-to-resume-amid-legal-challenge-appeals-court.html)

2. Now do mortgages