The plan has provided lowered payments for some enrollees but still has not reached all borrowers enrolled in it.
Topline
President Joe Biden’s initiative to lower monthly payments for student loan borrowers has been stopped in its tracks, according to multiple outlets, as a federal appeals court granted a request to partially block the plan after other parts of it were blocked by a lower court last month.Key Facts
The 8th Circuit Court of Appeals granted a request made by multiple Republican-led states to nullify the entirety of the program, the Associated Press reported.
