×

US Supreme Court declines to revive Biden’s student debt relief plan

By Thomson Reuters Aug 28, 2024 | 1:14 PM

WASHINGTON (Reuters) – The U.S. Supreme Court declined on Wednesday to revive President Joe Biden’s student debt relief plan, giving a boost to Republican-led states that have sued to block it.

The justices rejected the administration’s request to temporarily lift a judicial decision that paused the plan, which is designed to lower monthly payments for millions of borrowers and speed up loan forgiveness for some.

(Reporting by John Kruzel; Editing by Chris Reese)