Thursday, July 18, 2024

BIG BREAKING: Appeals court BLOCKS Joe Biden’s lawless student loan bribery scheme

The 8th Circuit Court of Appeals has just blocked Joe Biden’s lawless student loan bribery scheme, otherwise known as the ‘SAVE’ plan.

The cost of this plan was $7.4 billion and Biden was hoping to bribe some 277,000 people with student loans.

There were other injunctions by lower courts but they didn’t block the entire SAVE plan, allowing some parts to go into effect. The 8th Circuit blocked SAVE in its entirety.

Here’s more from Forbes:

A federal appeals court on Thursday temporarily blocked a key Biden administration student loan forgiveness and repayment plan. The order could have significant ramifications for millions of borrowers.

President Joe Biden’s Saving on a Valuable Education plan is a new income-driven repayment program designed to provide affordable payments and multiple pathways to loan forgiveness. The Education Department unveiled the SAVE plan last year, and began implementing the program in phases. But several groups of Republican-led states filed two separate legal challenges this spring, arguing that the Biden administration exceeded the authority Congress provided.

Thursday’s appeals court ruling is just the latest in a rollercoaster of court orders related to the SAVE legal challenges. The whiplash of rulings has threatened to throw much of the federal student loan repayment system into chaos.


Last month, two federal courts in Kansas and Missouri issued conflicting injunctions in response to separate legal challenges brought by two groups of Republican-led states challenging the SAVE plan. Biden administration officials argued that the rulings would thrust federal student loan repayment into turmoil.

The court in Kansas had granted a preliminary injunction blocking lower payments under SAVE that were scheduled to be implemented in July. Under SAVE, undergraduate borrowers would see a reduction in their payments by up to 50 percent. But the Kansas judge allowed other elements of SAVE to go into effect, including student loan forgiveness after 10 to 25 years in repayment, depending on the borrower’s degree program and amount borrowed.

In response to a separate legal challenge spearheaded by the state of Missouri, a Missouri federal judge blocked student loan forgiveness under SAVE. But the court allowed the Education Department to continue implementing the rest of the SAVE plan, including the lower payments set to take effect this month.

The Biden administration vowed to quickly appeal both orders. Earlier this month, the 10th Circuit Court of Appeals granted the administration’s request for a stay — or pause — of the Kansas injunction, which allowed the Education Department to move forward with lower payments under SAVE. Three states — Alaska, Texas, and South Carolina — have appealed that ruling to the United States Supreme Court.


Missouri, meanwhile, appealed the partial injunction only blocking student loan forgiveness under SAVE to the 8th Circuit Court of Appeals.

On Thursday, the 8th Circuit issued a brief order apparently blocking the SAVE plan in its entirety.

“Appellants’ emergency motion for an administrative stay prohibiting the appellees from implementing or acting pursuant to the Final Rule until this Court rules on the appellants’ motion for an injunction pending appeal is granted,” said the Court’s one-line, unsigned order.

The order seems to go much further than the Missouri court’s original injunction, which only blocked student loan forgiveness under SAVE. The 8th Circuit’s order could be read to block the entire program, including lower payments, generous subsidies to prevent runaway interest accrual, and automated income recertification.

Notably, the 8th Circuit is the same court that blocked Biden’s first student debt cancellation plan. That plan would have provided $10,000 or more in student loan forgiveness for millions of borrowers. The Biden administration appealed that ruling to the Supreme Court, which ultimately struck down the initiative.

Thank goodness for the 8th Circuit. I hope when this reaches the Supreme Court, they’ll kill the lawless program in its entirety.

https://therightscoop.com/breaking-appeals-court-blocks-joe-bidens-lawless-student-loan-bribery-scheme/

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