{"id":16578,"date":"2024-08-17T21:50:14","date_gmt":"2024-08-17T21:50:14","guid":{"rendered":"https:\/\/newsx48.info\/?p=16578"},"modified":"2024-08-17T21:50:14","modified_gmt":"2024-08-17T21:50:14","slug":"16578","status":"publish","type":"post","link":"https:\/\/newsx48.info\/?p=16578","title":{"rendered":""},"content":{"rendered":"

The 8th U.S. Circuit Court of Appeals sided with the seven Republican states who brought the case to stop parts of the U.S. Department of Education\u2019s debt relief plan that were not previously blocked by a lower court, Reuters reported<\/a>.<\/p>\n

That ruling last month by U.S. District Judge John Ross in St. Louis had blocked the department from granting further loan forgiveness under the administration\u2019s Saving on a Valuable Education (SAVE) Plan but had not blocked all of the plan.<\/em><\/p>\n

That plan provides more generous terms than past income-based repayment plans, lowering monthly payments for eligible borrowers and allowing those whose original principal balances were $12,000 or less to have their debt forgiven after 10 years.<\/em><\/p>\n

State attorneys general led by Missouri Attorney General Andrew Bailey subsequently last week asked the 8th Circuit to block the rest of the SAVE Plan. The court did so through a one-page order granting an administrative stay.<\/em><\/p>\n

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