‘s plans to cancel student loan debt have been partially blocked thanks to a pair of court rulings, but the matter remains alive for both sides in the
“We will continue to provide this long-overdue relief, no matter how many times Republican elected officials and their allies try to stop us,” Jean-Pierre said. Most loans that qualify for the SAVE Plan are never fully repaid, leaving the balance to fall on taxpayers. The Penn Wharton Budget Modelthat Biden’s SAVE program could cost taxpayers $475 billion, an amount that will be far lower if the rulings stand.on X, “Congress never gave Biden the authority to saddle working Americans with half-a-trillion dollars in other people’s debt. A huge win for the Constitution.
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