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

cnbc.com 2 days ago
  • A federal appeals court will allow a key part of Biden's student loan relief plan to resume as the legal challenges against it unfold.
  • The 10th Circuit Court 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, plan.
US President Joe Biden gestures after speaking about student loan debt relief at Madison Area Technical College in Madison, Wisconsin, April 8, 2024. 

A federal appeals court will allow a key part of President Joe Biden's student loan relief plan to resume as the legal challenges against it unfold.

The 10th Circuit Court 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, plan.

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