Biden's SAVE Plan Faces Legal Hurdles as $613 Million in Loan Forgiveness Approved

Federal courts weigh challenges to Biden's student loan forgiveness initiative, with mixed rulings on state standing.

Eighteen states have filed lawsuits against the SAVE plan, questioning its legality and constitutionality.
A Kansas federal judge ruled that only three states have standing to challenge the plan, allowing the case to proceed.
The Education Department has approved $613 million in loan forgiveness for 54,300 borrowers under the SAVE plan.
Another federal court in Missouri is deliberating on whether to impose an injunction to block the SAVE plan.
Biden's administration achieved a partial legal victory with a federal appeals court upholding a related loan forgiveness initiative.