on Monday on separate lawsuits aiming to block further implementation of President Joe Biden's Saving on a Valuable Education income-driven repayment plan.
"The Department of Justice will continue to vigorously defend the SAVE Plan," Secretary of Education Miguel Cardona said in a For now, borrowers currently on the SAVE plan and those who apply going forward may still be able to lower their monthly payments, depending on their income, though not to the 5% of discretionary income threshold. Borrowers can continue toIn response to the ruling, proponents of student debt relief expressed frustration with yet another Republican-backed blockage of Biden's relief plan.
Heading into July, borrowers may not know if their bills are accurate, whether their interest charges are correct or if the amount due today will be the same as tomorrow, Pierce added.
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