The Supreme Court has declined to reinstate the Biden administration's latest effort to cancel student debt for millions of Americans, dealing a significant blow to the administration's student loan forgiveness initiative. The decision comes after the Justice Department requested the high court to lift an order from an appeals court that had blocked the SAVE (Saving on a Valuable Education) plan.
The Supreme Court's refusal means that the block on the plan remains in place, leaving the future of student loan forgiveness uncertain for the time. . .