The Department of Education has moved to terminate one of former President Joe Biden's most popular student loan forgiveness plans -- impacting millions of Americans -- through a proposed joint settlement with the state of Missouri on Tuesday. The pending agreement ends the Saving on a Valuable Education or "SAVE" plan, which is home to over 7 million student loan borrowers. It marks a major victory for the Trump administration's efforts to claw back Biden-era policies, including Biden's numerous efforts to implement student loan debt cancellation. Officials in the Trump administration's Education Department, who've decried those policies for months, suggested that the administration is righting a wrong by ending the "deceptive scheme" of student loan forgiveness. The Biden administration
Trump admin moves to end major student loan forgiveness plan: 'We won't tolerate it'
ABC News1 hrs ago
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