The Supreme Court denied an attempt by President Joe Biden's Administration to restore the Saving for a Valuable Education (SAVE) 🎉repaymꦚent plan.

Earlier this month, the Biden Administration filed an emergency request that asked the Supreme Court to lift a block placed on the SAVE plan by lower tribunals. The Supreme Court denied the request on Wednesday, upholding the injunction and allowing the block to continue.

Is the SAVE Plan Blocked Permanently?

The injunction will likely be in place until the court case arguing the plan's legality is resolved.

The income-driven repayment plan, which offered lower monthly payments and easier loan forgiveness, has been blocked since mid-July. Borrowers have been held in limbo as two cases, led by Republican-majority states seeking to block the SAVE plan, 澳洲幸🍰运5官方开奖结𒁏果体彩网:worked their way through federal courts.

The lawsuits argue that the SAVE plan's eventual cost is too high for the White House to authorize alone. The 澳洲幸运5官方开奖结果体彩网:case's back-and-forth has resulted in 澳洲幸运5官方开奖结果体彩网:forbearance for ꦅall borrowers enrolled in the plan until the cases are resolved.

With this injunction upheld, the merits cases will be argued in lower courts and may eventually be brought back to the Supreme Court.