The new plan was part of a piecemeal approach to student debt after the justices rejected a proposal last year that would have canceled more than $400 billion in loans.

The Supreme Court on Wednesday declined the Biden administration’s request to lift a temporary blockade on a new income-driven student loan forgiveness program, SAVE, upholding a sweeping appeals court ruling that bars the entirety of the plan while GOP challenges to the program work their way through the courts.

A U.S. judge on Thursday temporarily blocked President Joe Biden's administration from implementing its latest student debt forgiveness plan, just days after seven Republican-led states filed a lawsuit seeking to halt it.

The Supreme Court on Wednesday temporarily barred the Biden administration from implementing one of its latest efforts to provide debt relief to Americans with student loans. In a brief unsigned order,

Millions of student loan borrowers are in limbo after the Supreme Court kept a block in place on President Joe Biden’s student loan repayment plan.

The Supreme Court temporarily sides with Republican states who said Biden overstepped his authority by reducing student loan debt.

WASHINGTON — The Supreme Court on Wednesday kept on hold the latest multibillion-dollar plan from the Biden administration that would have lowered payments for millions of borrowers, while lawsuits make their way through lower courts.

The Supreme Court has rejected a plea by the Biden administration to restore most of the president's multibillion-dollar student debt forgiveness plan.

Republican-led states challenged the plan aimed at reducing the burden on borrowers, including a provision that would reduce their monthly payments.

The Biden administration plan, known as Save, offers lower monthly student loan payments and a faster path to loan cancellation for millions of borrowers.

Touted the most affordable student loan repayment plan ever, the SAVE plan would have provided debt relief to over 30 million Americans.