A federal appeals court has issued an order blocking key parts of the federal government’s Saving on a Valuable Education (SAVE) student loan forgiveness plan, replacing an earlier temporary administrative stay with an injunction that lays out specific prohibitions that will remain in force until the court issues a final ruling on the matter or until the Supreme Court intervenes.
The Eighth Circuit Court of Appeals on Aug. 9 ruled against the Department of Education’s (DOE) student loan forgiveness plan, largely granting an injunction requested by seven GOP-led states of a district court order that they say didn’t go far enough in blocking the program….