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What will be the outcome of the legal challenge to Biden's SAVE student loan repayment plan by end of 2024?
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Resolution / Starting Odds
Plan upheld by Supreme Court • 25%
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Official court rulings and announcements
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Supreme Court Blocks Biden's SAVE Student Loan Relief Plan
Aug 28, 2024, 06:34 PM
The U.S. Supreme Court has declined to reinstate President Joe Biden's latest student debt relief plan, which aims to reduce student-loan bills for millions of borrowers. This decision keeps the multibillion-dollar plan, known as the SAVE student loan repayment plan, on hold as it faces legal challenges from Republican-led states. The plan, which was temporarily blocked by the Eighth Circuit Court, is awaiting a ruling on the administration's authority to implement it. The Supreme Court's decision comes without any noted dissents from the justices.
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