"This decision formally ends the SAVE injunction that has forced over 7 million SAVE borrowers into economic limbo-pushing meaningful debt relief and affordable monthly payments out of reach. They added that they're calling on the department to implement the benefits of the SAVE plan and administer loan cancellation for borrowers on the SAVE Plan who are eligible for such relief immediately."
"Trump's attempt to ax SAVE before its planned phaseout in 2028 is moot, and the administration cannot move forward with an accelerated timeline unless it receives a new court ruling or undergoes the lengthy negotiated rulemaking process."
A district judge ruled on February 27 that he would not approve President Trump's proposed settlement to eliminate the SAVE student-loan repayment plan ahead of its scheduled 2028 phaseout. This decision blocks Trump's accelerated timeline for eliminating SAVE unless the administration obtains a new court ruling or completes the lengthy negotiated rulemaking process. Democratic lawmakers and advocates are now urging the Department of Education to resume processing debt relief for eligible borrowers on SAVE, stating the judge's decision ends an injunction that has affected over 7 million borrowers. The Education Department indicated it was evaluating the ruling but has not provided further comment on implications for enrolled borrowers.
Read at Business Insider
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