The Education Department announced the settlement Tuesday in a lawsuit challenging former President Joe Biden’s Saving on a Valuable Education (SAVE) loan repayment plan. The plan has been at the center of an ongoing legal battle since last year.

The agreement would put an end to the SAVE plan, which means borrowers enrolled in the program will need to find a new, legal plan and start making payments again, according to the Education Department.

The agreement will have to be approved in court before it takes effect, the agency said. Last year, borrowers enrolled in the SAVE plan had their loans placed in forbearance, which means their payments have been on hold.

  • Sanctus@anarchist.nexus
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    11 days ago

    YEAH THEY HAVE BEEN ON HOLD STILL GENERATING FUCKING INTEREST. I AINT FUCKEN PAYING THIS SHIT BACK WHEN YOU TOOK MY GOOD PLAN. FUCK YOU, TRUMP. CANT UNEDUCATE ME LIKE YOU CAN YOUR STOOGES.

    /rant. Sorry I have had just about as much as I can of this regime.

    • DPEWGF@sh.itjust.works
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      11 days ago

      Will you refuse though? They are able to garnish wages & by that point it will have accrued even more.

      This shit sucks…

      • Fluffy Kitty Cat@slrpnk.net
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        11 days ago

        Garnishing wages with sharply increase unemployment as many people would just quit their jobs as it’s not worth it anymore