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The Guardian - US
The Guardian - US
Business
Nina Lakhani and agencies

Federal appeals court rules against Biden student debt relief program

Young people hold signs saying 'cancel student debt'
The three-judge panel said states challenging to the Save plan showed at least a ‘fair chance’ of prevailing. Photograph: Andrew Caballero-Reynolds/AFP/Getty Images

A federal appeals court has sided with Republican-controlled states to deliver another setback to Joe Biden’s student loan relief plan designed to reduce monthly payments for millions of lower-income graduates and speed up debt forgiveness for some borrowers.

A unanimous, unsigned ruling issued on Friday by three Republican-appointed judges in Missouri blocked further implementation of the Saving on a Valuable Education (Save) plan – the Department of Education’s means-tested debt relief program that is being challenged by seven Republican-led states.

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