The Trump administration announced a joint agreement with Missouri to end the Biden administration’s Saving on a Valuable Education student loan forgiveness plan, its third and final attempt to do so.
The joint settlement agreement entails forbidding new borrowers from joining the SAVE plan and moving all enrollees into legal repayment plans. The settlement is pending approval by the court, but if approved, it would mark the definitive end of the Biden administration’s student bailout initiatives.
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