Biden Faces Legal Battles Over Student Loan Plan

The fate of student loan payments, particularly under Biden's SAVE program, faces uncertainty due to legal challenges and potential Supreme Court involvement. Biden's administration is pushing to continue cutting monthly payments for millions enrolled in the program, which offers reduced payments and loan forgiveness. Several Republican-led states are contesting the program's benefits, arguing they exceed congressional authorization. If the Supreme Court sides with challengers, borrowers could see significant payment increases, impacting their financial obligations. The outcome hinges on legal battles and court decisions that will shape the future of student loan relief and repayment plans.