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From the Daily Caller: 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.”
Missouri Attorney General Andrew Bailey led the lawsuit challenging Biden’s loan payment forgiveness plan. Arkansas, Florida, Georgia, North Dakota, Ohio and Oklahoma had joined the lawsuit.
After the Supreme Court ruling on Wednesday, Bailey announced, “The Supreme Court unanimously upheld our court order BLOCKING @KamalaHarris and @JoeBiden’s illegal student loan cancellation scheme. This is a HUGE victory for the working Americans who won’t have to foot the bill for the Biden-Harris Ivy League bailout.”
🚨BREAKING: The Supreme Court unanimously upheld our court order BLOCKING @KamalaHarris and @JoeBiden‘ illegal student loan cancellation scheme.
This is a HUGE victory for the working Americans who won’t have to foot the bill for the Biden-Harris Ivy League bailout. pic.twitter.com/iK8G1yORHt
— Attorney General Andrew Bailey (@AGAndrewBailey) August 28, 2024
The Trump campaign also reacted to the news, writing, “For the second time in a year, the Supreme Court has ruled against Kamala and Biden’s plan to use your tax dollars to cancel student loans without a bill from Congress. Looks like they’re going to have to find a new way to buy votes!”
🚨BREAKING: For the second time in a year, the Supreme Court has ruled against Kamala and Biden’s plan to use your tax dollars to cancel student loans without a bill from Congress.
Looks like they’re going to have to find a new way to buy votes! pic.twitter.com/A685YuJV3K
— Trump War Room (@TrumpWarRoom) August 28, 2024
BREAKING:https://t.co/HKWjLqhHw8 pic.twitter.com/CMRImWIuRw
— Attorney General Andrew Bailey (@AGAndrewBailey) August 28, 2024
BREAKING: Supreme Court rebuffs Biden administration plea to restore multibillion-dollar student debt plan https://t.co/2E6KHIg97w
— The Associated Press (@AP) August 28, 2024
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