From Fox News: The U.S. 8th Circuit Court of Appeals put a final end to former President Joe Biden’s student loan forgiveness plan on Tuesday.
Missouri Attorney General Andrew Bailey originally sued the Biden administration over its $500 million effort to wipe away student loans, known as the SAVE plan. The court’s Tuesday ruling found that Biden’s secretary of education had “gone well beyond this authority by designing a plan where loans are largely forgiven rather than repaid.”
Bailey noted in a statement that the ruling has no active impact beyond blocking future presidents from attempting Biden’s maneuver.
“Though Joe Biden is out of office, this precedent is imperative to ensuring a President cannot force working Americans to foot the bill for someone else’s Ivy League debt,” Bailey said in a statement.
Josh Devine, Solicitor General of Missouri, added, “At long last, we just obtained a final opinion from the Eighth Circuit forever blocking the kind of $500 billion student loan bailout Biden tried to do last year. This opinion puts an end to that lawless attempt and any similar future attempt.”
BREAKING: At long last, we just obtained a final opinion from the Eighth Circuit forever blocking the kind of $500 billion student loan bailout Biden tried to do last year. This opinion puts an end to that lawless attempt and any similar future attempt. https://t.co/w5apU1gWzk
— Josh Divine (@JoshDivineMO) February 18, 2025
READ MORE from Fox News.
Circuit court puts final nail in the coffin for Biden’s $500M student loan forgiveness plan https://t.co/gT1uXfYJbw
— Fox News (@FoxNews) February 18, 2025
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